PM invites German businesses to invest in India's youth

Modi's visit comes amid the Ukraine crisis, which has united much of Europe against Russia. Finance Minister Nirmala Sitharaman and External Affairs Minister S Jaishankar too participated in the meeting

Berlin: Prime Minister Narendra Modi on Monday highlighted the reforms undertaken by his government as he interacted with Indian and German business leaders, urging them to invest in India's youth. Modi, who arrived here on Monday morning on the first leg of his three-nation Europe trip, co-chaired a business round table with German Chancellor Olaf Scholz.

"Met leading business leaders in Berlin and discussed ways to deepen trade linkages between India and Germany," Modi tweeted.

"Prime Minister emphasised on the broad-based reforms carried out by the government and highlighted the growing numbers of start-ups and unicorns in India," the Ministry of External Affairs said in a press release.

He invited the business leaders to invest in India's youth. The event saw participation of top representatives from the governments and selected CEOs from both sides, who engaged in discussions on topics ranging from climate cooperation; supply chains; research and development. The Indian business delegation was led by Sanjiv Bajaj, President Designate, CII Chairman and Managing Director, Bajaj Finserv. Baba N Kalyani, CK Birla, Puneet Chhatwal, Salil Singhal, Sumant Sinha, Dinesh Khara, C P Gurnani and Deepak Bagla were part of the Indian delegation. The German business delegation included representatives of Siemens, BASF, Bosch, Volkswagen, GFT Technologies Schaeffler and Deutsche Bank. Meanwhile in a tweet, the Ministry of External Affairs said: "Building on our business ties. PM @narendramodi and @Bundeskanzler Olaf Scholz interact with top executives from German and Indian companies. Discuss ways to further the vigour and vitality of the Indo-German economic and commercial partnership." Modi's visit comes amid the Ukraine crisis, which has united much of Europe against Russia. Finance Minister Nirmala Sitharaman and External Affairs Minister S Jaishankar too participated in the meeting. Earlier, addressing a joint press event with Scholz after co-chairing the 6th inter-governmental consultations between the two nations, Modi said India was concerned over the humanitarian impact of the conflict and had provided aid to Ukraine.

PM Modi on maiden visit to Denmark

Copenhagen: Prime Minister Narendra Modi on Tuesday invited Danish companies and pension funds to invest in India's infrastructure sector and green industries. Prime Minister of Denmark Mette Frederiksen hosted Modi's first official visit to Denmark.

Addressing media after his talks with Danish counterpart Mette Frederiksen, Modi said that over 200 Danish companies are already present in India and benefiting from the 'ease of doing business' (EoDB) initiative of the government.

"There are huge investment opportunities for Danish Companies and Danish Pension Funds in India's Infrastructure Sector and Green Industries," the Prime Minister said in a tweet.

Danish companies are operating in various sectors like wind power, shipping, consultancy, food processing and engineering.

Meanwhile, an India–Denmark Joint Statement issued during the visit of Modi said the two Prime Ministers underlined the importance of bilateral trade and investments and stressed the need to maximise the potential of economic ties between the two countries.