PM Modi woos German investors, promises stable environment

Inaugurating he Hannover Messe, a business fair, with German Chancellor Angela Merkel, the Prime Minister said India is working on a “predictable and transparent” environment to open up investments.

“We are creating an environment that is stable, where rules will not be changed frequently and there will be no surprise elements,” he said.

Strongly pitching for his ‘Make in India’ campaign, he said it was not a “slogan or a brand, but a new national movement”.

Describing Germany as a “valuable partner”, Modi said the two countries share a close nd warm relationship that has grown in depth and diversity.

“India is open and ready to embrace the whole world,” he said while noting that there was a new level of interest among countries for partnership with India for enhancing trade, investment and in a host of other areas.

Modi’s address was preceded by a cultural extravaganza where an animated lion depicted the ‘Make in India’ logo, drawing laud applause from the big gathering.

Modi said the lions are a “symbol of new India” carring the message of frienship and promise of partnership.

Welcoming the Prime Minister, Merkel said Germany was ready to give a new dimension to partnership with India.

Noting that cooperative federalism existed in Germany like in India, she said sincere efforts will be made to bolster trade on all fronts.

At the same time, she underlined the need to speed up innovations.

LIVE UPDATES:

Day 4 [Berlin]

PM Modi’s itinerary:

> 10th-Paris
> 11th-Toulouse
> 12th-Hannover
> 13th-Berlin
> 14th-Ottawa
> 15th-Toronto
> 16th-Vancouver

3:45 pm[IST]: PM Narendra Modi leaves to Berlin.

Day 3 [Germany]

Read more: PM Modi meets ‘movers and shakers’ of German economy 

Merkel in her address said that growth rates are improving in Gemany but still far away from that of India.

German Chancellor Merkel addressed the fair after Modi’s sppech and said that Germany is flexible enough to welcome everyone from India including the Lion.

Narendra Modi invites German investors and asks for more participation.

India will do its part- as an anchor of economic stability; an engine for growth and as a force of peace and stability in the world: PM

We are creating a stable economic environment that inspires confidence at home and abroad, says PM

Prime Minister Narendra Modi addresses the audience at the industrial fair, pushes ‘Make in India’ campaign with a prowl

Prime Minister Modi inaugurates the fair, with Chancellor Merkel, thanks city of Hannover.

 

https://twitter.com/PMOIndia/status/587196058599473155
Read more: Modi, Merkel to inaugurate India’s participation in Hannover Fair

Day 2

7:00 PM [IST]: Narendra Modi pays homage to Indian soldiers who lost their lives in the First World War.

3:30 pm[IST]: PM Narendra Modi meets elected representatives of Midi-Pyrénées Region.

2:50 pm[IST]: Prime Minister Narendra Modi at the French government’s space agency, Centre National d’Etudes Spatiales (CNES), in Toulouse.

2:20 pm [IST]: 

Narendra Modi visited the Airbus facility at Toulouse. He is accompanied by French Foreign Minister Laurent Fabius.

During his visit, Modi discussed ways of further cooperation, including transfer of technology and investments.

Pact likely between School of Planning and architecture (Delhi) and the best architecture school in Paris. @IndianExpress

9:52 pm[IST]: India, France to agree on joint air-naval exercise from April 23 to 27.

9:45 pm[IST]: India, France to sign agreement on skill development between national skill development authority and its French counterpart. Another agreement on sports, an umbrella agreement on sports infrastructure.

9:40 pm[IST]: India, France to agree on cooperation on tourism and heritage; pact between City palace of Udaipur and Chateau de Chambord.

9:38 pm[IST]:

9:30 pm[IST]: India and France to sign three pacts on space cooperation.

9:20 pm[IST]: India and France likely to sign early works agreement on nuclear reactors in Jaitapur.

8:40 pm[IST]: Release of terrorist accused of heinous crime of Mumbai terror attack (Zaki-ur Rehman Lakhvi) is deeply shocking: French President Francois Hollande

8:30 pm[IST]: PM Narendra Modi meets French President Francois Hollande.

5:30 pm [IST]: FULL TEXT: PM Narendra Modi’s speech at UNESCO

4: 24 pm [IST]: PM Modi concludes his speech.

4:22 pm [IST]: ‘Whatever we wish to achieve as the United Nations, UNESCO will always have a part to play’: PM Modi

4:20 pm [IST]: ‘Yoga awakens a sense of oneness. By changing our lifestyle and creating consciousness, we can help make a more balanced world’: PM Modi

4:18 pm[IST]:

4:17 pm [IST]: ‘Our progress should inspire us to meet our challenges’: PM Modi

4:14 pm [IST]: PM Modi recalls the words of Mahatma Gandhi during his speech.

4:07 pm [IST]: Prime Minister Narendra Modi is addressing the UNESCO in Paris, France. He says that he feels privileged to attend UNESCO’s event in its 70th year of formation.

2:15 pm [IST]: Now, the Prime Minister is being hosted by the MEDEF (the largest employer federation in France) to talk about the ‘Make in India’ initiative.

2:00 pm [IST]: PM Modi is currently engaged in a round-table discussion with French CEOs.

1: 39 pm [IST]: On the second leg of his tour, PM Modi will travel to Germany to meet Chancellor Angela Merkel and inaugurate the Hannover Fair, the world’s largest fair of capital goods and technology. [Read more here]

12: 45 pm [IST]: PM Modi received a ceremonial welcome in Paris.

Watch video of the reception below.

12:30 pm [IST]: The focus of the talks will be civil nuclear, defence and trade.

12:22 pm [IST]: “India and France are strategic partners. In this context, the issues of civil nuclear and defence cooperation will be discussed. The issues you referred to will also be discussed. We expect movement on these issues,” External Affairs Ministry spokesman Syed Akbaruddin said in Paris when asked whether the two leaders will talk about Jaitapur nuclear project and multi-billion dollar Rafale deal.

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