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Naidu calls on German business players to invest in India


New Delhi, Sep 8 :

Union Urban Development Minister Venkaiah Naidu Monday urged German business players to explore investment opportunities in Indian projects like smart cities and urban housing.

Naidu met a German business delegation which is accompaning the visiting Foreign Minister Frank-Walter Steinmeier.

He urged the business leaders to explore investment opportunities in various projects like the smart cities, urban rejuvenation of 500 identified urban habitations and urban housing.

Representatives of various companies shared their experiences of operating in India and said they are “keen” to further expand their business.

Creation of 100 smart cities is a big-ticket project of the Narendra Modi-led Indian government that will be equipped with modern facilities.

In an hour-long meeting with Naidu, Steinmeier said India will be a partner country for the Hanover Fair to be organised in April next year.

He informed Naidu that the fair will focus on clean energy, skill development, cleaning of rivers and infrastructure development.

Steinmeier told Naidu that “Germany is impressed by the clear vision and resolve of Prime Minister Narendra Modi to revive the economy of the country.”