CLMV countries invited to partner in Make in India: Minister

Image
IANS Jaipur
Last Updated : Feb 27 2017 | 6:29 PM IST

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

*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: Feb 27 2017 | 6:20 PM IST

Next Story