We Will Make it Easy to Do Business in India, Says PM Narendra Modi in Germany: Highlights

Prime Minister Narendra Modi today pitched 'Make in India' to the German industry and promised to make it easy for them to do business in India. Speaking at the opening of the industrial fair in Hannover, Germany, with Chancellor Angela Merkel, PM Modi said, "we are removing unnecessary regulation, simplifying procedures."

Here are the highlights of his address:

• Our decision to be here in the first year of my Government reflects our priority. Want to accelerate economic growth and create jobs
• We want to build world class industry and infrastructure
• Germany is a valued partner and an enduring symbol of technology and innovation quality and productivity
• Today, I come to seek German partnership in the mission to open up India's seamless economic potential
• We are open and ready to embrace the entire world
• We must equip our youth with the skills to meet the needs of our nation and the demands of the globalised world
• For me, Make in India is not a brand. Nor is it simply a slogan on a smart lion! It is a new national movement
• We are creating a stable economic environment that inspires confidence at home and abroad
• We have taken sweeping steps to reform our policies and open up more to foreign direct investments
• We are building a tax regime that is predictable, stable and competitive. We will now address the remaining uncertainties
• The Goods and Services Tax is a long needed revolution that is becoming a reality
• We seek to fuel our growth with the cleanest and most efficient use of energy
• We have resumed long stalled projects and allocation of resources. This is adding new momentum to our economy
• You will find environment that is not only open but also welcoming
• We will make it easy to do business in India
• 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
• So, let me invite you to do business and make in India - for India and the world