India is a growing economic power and a gateway for investment: World leaders
Global leaders participated in the first session of the CII Partnership Summit 2024 in the national capital. Trade Ministers from Italy, Israel, Bhutan, Bahrain, Algeria, Nepal, Senegal, South Africa, Myanmar, Qatar and the Secretary of State of the Ministry of Trade of Cambodia are partner countries in the Conference.
Speaking to IANS, Minister of Industry, Trade and Employment, Royal Government of Bhutan, Lyonpo Namgyal Dorji says: “India is a growing economic power. There are many foreign investment companies that are thriving in India and are very interested in the region. So we are here to connect with that network because Bhutan is increasing its focus on foreign direct investment (FDI) in renewable energy, renewable energy of IT and visitors”.
Serigne Gueye Diop, Minister of Trade and Commerce, Republic of Senegal, says: “India was one of the leaders in economic investment last year, globally and in Senegal, in my country and in Africa. That is why we believe that India is now the Gateway to African investment in Time one, is a strong partner in technology, IT, and artificial intelligence.
He added that in Senegal, more than 100 companies are investing in India today.
“We believe that under the leadership of Prime Minister Narendra Modi, there is much more to come in terms of joint investment, economy and technology,” he added.
The Deputy Minister of Commerce in Myanmar, U Min Min says: “Since Myanmar is a neighboring country with India, we have long-term political and historical relations. Today, we have the opportunity to meet not only with countries in the region but also with countries from all over the world. This gives us an opportunity to discuss trade, investment finance, and technology in various fields, where we can exchange ideas and experiences.”
Earlier, Commerce and Industry Minister Piyush Goyal said that India offers a reliable hand of friendship and partnership to the countries of the Global South.
Sharing the common themes mentioned in the session, he pointed out that stability, space, satellite and sustainability were discussed a lot by the officials present and emphasized that the world today needs these discussions.
Speaking about the strengthening of the economy of partner countries, the Minister emphasized the need to use money to ensure financial stability to finance the future. Explaining further, the Minister noted that the lack of money associated with lifestyles requires careful consideration.
