In Berlin, PM woos investors

2015-04-14 4

Prime Minister Narendra Modi made a strong pitch for German companies to invest in India. Stating that India is now a changed country, PM Modi said assured German firms transparent and eased tax regime. Modi said the country has huge potential of becoming a manufacturing hub and asked the Indian professionals inGermany to act as a "bridge" between the two countries. He said India has the potential to achieve tremendous growth and it should become a "giver" than being a "taker". He noted Germany's excellence in manufacturing and said there was a need for partnership between the two countries to make India a hub of manufacturing. Modi arrived in Berlin yesterday from Hannover on the second leg of his maiden visit to Germany and will hold wide-ranging talks with Chancellor Angela Merkel today, focussing on how the tech-giant can work with India in its developmental agenda.