SME Times News Bureau | 11 Feb, 2019
Minister of State for Commerce and Industry C R Chaudhary held a meeting in New
Delhi on Monday with a German delegation and invited them to invest in India.
Chaudhary emphasised the need for further economic cooperation between India
apprised the delegation that the Government of India is continuously working to
create a conducive atmosphere for foreign investments in the country.
pointed out that because of the continuous efforts and commitment of the
Government, India has moved from 142 positions to the 77th position in Ease of
Doing Business ranking in the world.
Minister sought German investments, particularly in the field of food
processing, development of infrastructure for 100 smart cities,
pharmaceuticals, automobile and engineering sectors.
also sought all round support of the German Government for investment, guidance
and exchange of best practices for the Start-ups in India.
in the field of education as well as in Research and Development was also
discussed during the meeting.