Prime Minister Narendra Modi has invited Norway's pension fund to invest in new sectors in India citing the complementarity of the economies of the two countries.
Modi, during a bilateral meeting with Norwegian Premier Erna Solbergen here, underlined the Indian openness to foreign investment and also invited Norwegian companies to invest in India, a Norwegian government statement said.
Modi encouraged the Norwegian State Pension Fund Global to consider investing in new sectors in India, it said.
The Pension Fund had invested USD 11.7 billion in India at the end of 2017, an increase of 2.5 billion from 2016.
During their meeting here yesterday, the two leaders also agreed that the complementarity of the economies of the two countries offered huge scope for greater cooperation,
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