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Invest North 2014 focuses on investor friendly policies

Updated: Jul 25, 2014 05:06:57pm
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New Delhi, Jul 25 (KNN) The Invest North conclave provided a platform to northern states to showcase their investor friendly policies to both domestic and global investors and also promote investments in the region.

Invest North 2014 Co-Chairman Jayant Davar opined that such platforms provide an opportunity to share best practices, ideas to improve and enhance cross border investments, sharing of best available technologies and creating a platform for sustainable growth, an official release said.

Over 250 investors, state government officials and diplomats were present at 3rd edition of the flagship event organised by the Confederation of Indian Industry (CII) here on July 24 and 25.

An exhibition was organized coinciding with the mega event which allowed industries from the SME sector to showcase their abilities and network for business development.

On the occasion, Korean Trade Centre (KOTRA) Director Joon Hwa Bin, while highlighting the efforts being put up by centre for improved bilateral ties stressed that though they have witnessed simplification of procedures with the coming in of the new government, however said, more focus should be laid on improving transparency for building investor confidence.

The central government has been continuously working to enhance engagement with Indian Diaspora with its multifarious activities targeted at reaping mutual benefits and growth.

The Pravasi Bharatiya Divas and Know India Programme are some of the flagship events of the ministry which have been conducted over a period of time strengthening both social and economic relationships, said Joint Secretary. Ministry of Overseas Indian Affairs, TK Manoj Kumar. (KNN/ST)

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