After Successful Japan, PM Narendra Modi back to India

Posted on 3rd Sep 2014 04:04 pm by admin

During the visit, Narendra Modi convinced Japan to give USD 35 Billion for the development projects in India.

The two countries also decided to enhance cooperation in defence and other strategic areas and also signed five pacts covering defence exchanges, cooperation in clean energy, roads and highways, healthcare and women while vowing to take their relationship to newer level.

Japan also lifted ban on six Indian entities including Hindustan Aeronautics Limited (HAL) which had been imposed in the aftermath of 1998 nuclear tests.

During the five-day visit, his first outside the subcontinent since becoming PM in May, Modi invited Japanese investments while hard-selling India as a conducive destination for business particularly for the manufacturing sector.

He told the Japanese businessmen that India was awaiting the investments with a 'red carpet' and not 'red tape' as rules and procedures have been eased by his government.

Winding up his official programme on Tuesday, Modi had expressed gratitude to Japan for reposing "trust" in India and demonstrating its friendship with a quip "yeh fevicol se be zyada mazboot jod hai (this bond is stronger than that of fevicol)".

Read more at: http://indiatoday.intoday.in/story/pm-narendra-modi-japan-visit-ends-leaves-for-home/1/380577.html

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