Seeking investments from the UAE in the infrastructure sector, Union Minister Nitin Gadkari today pitched India as one of the world's fastest growing economies and said the ease of doing business under the present government had substantially improved.
Shipping, Road Transport and Highways Minister Gadkari,in his keynote address at the India-UAE Business Forum, highlighted the positive initiatives taken by Prime Minister Narendra Modi and the vast investment opportunities available in India.
He said India was one of the fastest growing economies in the world and the present government had substantially improved the ease of doing business.
Gadkari said the government had also instituted targets for growth in roads and highways.
The National Highway Authority of India had a AAA rating, he said.
An infrastructure group had been created under his chairmanship to resolve all issues related to clearances and processes had been streamlined, the Minister pointed out.
The strategy was to shift from "build road" to "move in India" with the focus on efficient operation and network management for improving logistics sufficiency, he said.
With regard to shipping, Gadkari said all the ports were already linked as part of the Sagarmala, which is a programme for port-led development.
This initiative would lead to manufacturing hubs in coastal region, good connectivity to ports as well as efficient ports, he said.
The Minister also interacted with various CEOs and representatives of India Business Professional Group as well as other members of the business community.
Together with Minister of State for External Affairs M J Akbar, he met senior officials of the Abu Dhabi Investment authority and held discussions on promoting investment into India.
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