Union Minister of State for Commerce and Industry Nirmala Sitharaman on Monday invited both governments and business communities of CLMV countries -- Cambodia, Lao PDR, Myanmar and Vietnam -- to actively partner in India's 'Make in India' programme.
Speaking at the 4th India-CLMV Business Conclave, organised by Confederation of Indian Industry (CII), she said: "India would also participate with the CLMV countries in the region's manufacturing growth."
"India and the CLMV countries could deepen each other's manufacturing capabilities, learn from each other's experiences and create a stronger regional platform for trade and commerce," the Minister said.
She said there is a great potential for Indian investments in the CMLV countries.
Rajasthan Chief Minister Vasundhara Raje said the Southeast Asian countries Cambodia, Lao PDR, Myanmar and Vietnam (CLMV) could become important strategic business partners with Rajasthan.
She pointed out that Rajasthan was successful in business partnerships and "our associations with Japan and Singapore were examples of this".
She said these countries should extend cooperation with the state in agriculture, manufacturing, jewellery and tourism. Inviting the entrepreneurs and governments of these countries to partner for business and investment she said that through these collaborations they could play an important role in the socio-economic development in the respective countries.
--IANS
as/ruwa/rn
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
