Ashwini Vaishnaw Invites German Companies to Invest in India
News: Union Minister Ashwini Vaishnaw has invited German companies to invest in India, emphasizing its political and economic stability. Speaking at the TV9 Global Summit in Stuttgart, he highlighted India’s steady 6-8% growth rate, vast talent pool, and 1,800+ global capability centers.
Vaishnaw pointed to India’s healthy balance sheet, with debt at 57% of GDP, as evidence of robust fiscal management driven by strategic planning and execution.
He outlined India’s growth strategy built on public investment in infrastructure, inclusive programs, innovation, and simplified legal frameworks. Vaishnaw also emphasized reforms under Prime Minister Narendra Modi’s leadership, such as repealing outdated laws and introducing the Digital Personal Data Protection Act, which supports transparency in the digital economy.
Source: The Economic Times
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