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PM Modi invites Malaysian corporate honchos to invest in India

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Kuala Lumpur: In a move intended to strengthen commercial ties between both nations, Prime Minister Narendra Modi on Monday met the leaders from various corporate sectors here on Monday and invited them to invest in India saying they had ‘ample scope’ to do so.

“India today is the fastest growing economy in the world, and with a stable polity, offers ample scope for investment. I assure you India wants to progress. You have the experience & expertise. We have the requirement. It is a perfect match. We have ended regulatory uncertainty to a large extent, creating a policy driven state,” the Prime Minister said from the ball room of the Renaissance hotel here.

Prime Minister Modi had sought Malaysia’s cooperation for his ‘Make in India’ and ‘Smart Cities’ initiative and echoed his Malaysian counterpart Najib Razak’s belief that bilateral trade and investment relations can be scaled up significantly.

Prime Minister Modi had earlier in his ASEAN address invited the global investment community to invest in India and benefit from its economic growth, progressing reforms and a fertile environment.

He is also expected to meet investors and CEOs in Singapore tomorrow, focusing on the investment opportunities in India. (ANI)