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National News

Sep 18, 2018
4:45AM

"India is a safe place to invest", VP Venkaiah invited business community of Malta to invest in India

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Vice President Venkaiah Naidu invited business community of Malta to invest in India and assured them that India is a safe place to invest. Addressing India-Malta Business forum in Valletta yesterday evening, Mr Naidu said that transformative vision is making India one of the most favourite investment destinations in the word. He said that Indian economy, growing at around 8%, currently is one of the fastest growing major economies of the world. 
Vice Preaident said that India is projected to become a five trillion-dollar economy by 2025, making it the 3rd largest consumer market in the world. Referring to Jan Dhan Accounts and GST, he said that number of economic reforms have been undertaken by the government. Mr Naidu said, India is rapidly expanding its infrastructure and the policy initiatives taken by the government are opening up new opportunities. 
Vice President said that Maltese companies could consider investing in India in health, maritime transport, films, pharmaceutical, travel and tourism sectors. 

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