Infrastructure, energy key to India-Indonesia cooperation: Hamid Ansari

Image
ANI Jakarta
Last Updated : Nov 03 2015 | 10:42 PM IST

Vice-President Hamid Ansari on Tuesday said that infrastructure development and energy security are key areas for cooperation between India and Indonesia, adding that these sectors allow both countries to collaborate and benefit from each other's expertise.

Speaking at India-Indonesia Business Forum in Jakarta, the Vice-President said that the impetus given by the government towards infrastructure development has created massive opportunities for foreign partners in the Indian economy.

"Infrastructure stimulation programmes launched by the Government of India, like the mission to develop 100 Smart Cities, upgrade infrastructure development in urban and rural areas and enhance nationwide connectivity through the 'Digital India' programme, have created massive opportunities for foreign partners in the Indian economy," he said.

"Our societies are still largely agrarian. Therefore, agricultural industry, food processing and related small and medium enterprises offer opportunities for trade and investment which could be explored by our business houses with the support from the governments," he added.

Vice-President Ansari further said that India's expertise and proven capabilities in production of pharmaceuticals, especially generic medicines at affordable cost, advancement in healthcare sectors and science and technology, high quality education at reasonable cost could also be potential areas of investments by both sides.

Vice President Ansari arrived here for his five-day two-nation official visit to Indonesia and Brunei on Sunday.

Indonesia is the first stopover for the Vice President, who is there at the invitation of his Indonesian counterpart Jusuf Kalla.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 03 2015 | 10:35 PM IST

Next Story