The Indian Finance Minister mentioned that the Indian economy is growing at a steady rate and clocking one of the fastest rates in the world, with very sound economic fundamentals. With the growth in urbanization in India, notification of 98 out of the 100 Smart cities, huge infrastructure investment requirements, etc the Turkish infrastructure and construction companies have huge opportunities in India, Mr Jaitley mentioned.
Alluding to the strengths that companies in Turkey have in food processing, the Indian Finance Minister mentioned that India is one of the largest producers of food grains, fruits and vegetables and therefore, the Turkish food processing companies could look at setting up processing plants in India.
Commenting on the meeting, Mr Sumit Mazumder, President, CII said that there is an obvious interest among the Turkish Business community about India and today Mr Jaitley having spent time with them has provided them a lot of encouragement and direction. There is already some Turkish presence in India and following today's meeting, we hope to see renewed vigour in this business connection.
Powered by Capital Market - Live News