Shri M. Venka­iah Naidu woos top Sin­ga­pore com­pa­nies to invest in In­dia

Accommodation Times - - Real Estate Investments - By AT News Ser­vices

As­sert­ing that do­ing business in In­dia is get­ting much eas­ier now, Ur­ban De­vel­op­ment Min­is­ter Shri M. Venka­iah Naidu made a fever­ish pitch for in­vest­ments from Sin­ga­pore into ur­ban de­vel­op­ment schemes like build­ing smart ci­ties, im­prov­ing in­fra­struc­ture in ur­ban habi­ta­tions and Hous­ing for All by 2022 be­sides other sec­tors. Naidu, who is on a three day visit to Sin­ga­pore, to­day in­ter­acted with chief ex­ec­u­tives of lead­ing com­pa­nies of the city state from var­i­ous sec­tors like Con­struc­tion, Elec­tri­cal and Elec­tron­ics, Auto-mobiles, Bank­ing, Con­sul­tancy Ser­vices, Power, Shipping, Oil and Gas Ex­plo­ration and Build­ing and Con­struc­tion Au­thor­ity of Sin­ga­pore. Min­is­ter was happy to know of the en­hanced in­ter­est among the lead­ing com­pa­nies of Sin­ga­pore to invest in In­dia. In­dia’s High Com­mis­sioner in Sin­ga­pore Ms. Vi­jaya Thakur Singh. Venka­iah Naidu in­formed the top ex­ec­u­tives of Sin­ga­pore based com­pa­nies that In­dia is cur­rently march­ing to­wards en­sur­ing an eco­nomic turn around. He fur­ther said, ‘ease of do­ing business in In­dia’ is im­prov­ing and more sig­nif­i­cant changes are in the off­ing. Stat­ing that In­dia has the nec­es­sary hu­man re­sources with tal­ent, Shri Naidu urged the in­vestors to come to In­dia with ‘money and ma­chines’ to re­alise the Prime Min­is­ter’s clar­ion call of ‘Make in In­dia’.

Naidu also met Sin­ga­pore’s Min­is­ter for Na­tional De­vel­op­ment Shri Des­mond Lee and Sec­ond Min­is­ter for PMO, Home, Trade and In­dus­try Shri Eswaran and dis­cussed the new in­vestor friendly cli­mate be­ing put in place in In­dia. Shri Eswaran said, he would be com­ing to In­dia soon for the ‘Vi­brant Gu­jarat Sum­mit’ and will hold fur­ther dis­cus­sions re­gard­ing in­vest­ment op­por­tu­ni­ties.

‘Ease of do­ing business in In­dia’ is im­prov­ing and more sig­nif­i­cant changes are in the off­ing, Shri. Venka­iah Naidu, Ur­ban De­vel­op­ment Min­is­ter said.

The Ur­ban De­vel­op­ment Min­is­ter in­ter­acted with a large sec­tion of In­dian Di­as­pora in Sin­ga­pore or­gan­ised by the Global Or­gan­i­sa­tion for Peo­ple of In­dian Ori­gin. Shri Naidu gave an ac­count of the ini­tia­tives be­ing launched by the gov­ern­ment as per the vi­sion of the Prime Min­is­ter Shri Naren­dra Modi for speed­ing up eco­nomic re­cov­ery and for in­clu­sive de­vel­op­ment. He urged the Per­sons of In­dian Ori­gin to con­trib­ute for rapid de­vel­op­ment of In­dia and to pre­serve and pro­mote the rich cul­tural legacy of their moth­er­land.

Shri.Venka­iah Naidu, Ur­ban De­vel­op­ment Min­is­ter

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