Pranab Mukherjee calls on Chinese investors to be part of India's 'growth story'

The President said that India's primary goal is to build a modern economy that puts a premium on sustainable development

 

President Pranab Mukherjee, who is on a four day visit to China, said on Wednesday that there is great potential for economic and commercial cooperation among the two nations and called on the Chinese investors to be part of India's economic growth story.

Addressing the India-China Business Forum event, the President said that the stability of the relationship between the two nations in recent years provides an enabling basis for utilising these opportunities and coming together.

"To realise the full potential of our economic partnership, it is important to bridge the information gap between our business communities. India is committed to providing a conducive environment for more investments from China. We stand ready to facilitate many more collaborations between the industry and businesses of our two countries across different sectors. India invites investors from China to be partners in India's growth story," the President said.

Adding that India is an economically young nation, President Mukherjee said that India's primary goal is to build a modern economy that puts a premium on sustainable development.

He also said that India is steadily moving towards this objective and a profound socio-economic transformation is taking place in the country.

"China's economic achievements are a source of inspiration for us. We believe that stepping up our two way trade and investment flows will be of mutual benefit to both our nations. We welcome Chinese investments and entrepreneurs to participate in 'Make in India' and other flagship initiatives of  Government of India," he said.

Assuring that India will facilitate efforts of Chinese investors to make their investments in India profitable, the President said that advantage must be taken of the opportunities that abound in the growth of both the nations' economies.