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Delegation from Pacific Pension and Investment Institute, calls on PM

Delhi 

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Delegation from Pacific Pension and Investment Institute, calls on PM

A delegation from the Pacific Pension and Investment (PPI) Institute, led by its President, Mr. Lionel C. Johnson, called on Prime Minister Modi today. 

The delegation members praised the pace of economic reforms in India, and emphasized the growth potential that exists in the country. Various aspects of the economy such as FDI, came up for discussion.  

The Prime Minister highlighted various possibilities for investment in He spoke of the recent reforms and steps taken for ease of doing business. He said the rising aspirations of India's people, along with robust economic fundamentals, represent a significant opportunity for investment. He emphasized on the potential of investment in the renewable energy and organic farming sectors. He appreciated the fact that the PPI Institute holds the funds that it is investing, as a trustee, and added that this concept of trusteeship is well understood in India, and was even articulated by Mahatma Gandhi. 

 

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 06 2017. 00:20 IST