Odisha News Insight

PM Narendra Modi talks Business & Trade at Masdar City, UAE

Modi-Business-Masdar-CityWhile talking to a group of high-profile businessmen in Masdar City in the UAE, PM Narendra Modi outlined the business and trade opportunities between India and UAE.

* I inherited problems of indecision, lethargy from the previous government, but I am working to fix that.

* I feel India is a land of many opportunities. 125 crore people of India are not a market but they are a source of great strength.

* “I inherited problems of indecision, lethargy from the previous government, but I am working to fix that.

* I was told about some problems being faced…want to assure we are solving these problems. I will send my Commerce Minister to try and find solutions to the problems faced by some UAE investors.

* We want technology, speed and quality construction when it comes to housing. Low cost housing is very important for us.

* It is now commonly believed that India is one of the fastest growing economies. There are several opportunities of development in India. UAE’s power and India’s potential can make the dream of an Asian Century a reality.

* There is the potential of $1 trillion investments in India. We need to erase the deficit of 34 years. There are 700 flights between India & U.A.E but it took 34 years for an Indian PM to visit. I promise this will not happen again.

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