India, Spain sign seven agreements |
India offers opportunities for Spanish firms It is a great time for Spanish firms to invest in India whose strong economic growth offers “many opportunities” for them in fields of infrastructure, defence, tourism and energy, according to Indian Prime Minister Narendra Modi. He said that there are already a large number of Spanish companies in India and his government wants more firms to come, invest and do business in the country. Spanish firms enjoy a worldwide reputation in various fields, such as infrastructure, defence, tourism and energy. These sectors have also been identified by my government as priority sectors,” he said, adding that there are many complementarities in economic terms between the two countries. Modi said he sees many complementarities between my Government`s flagship initiatives, such as Make in India, and Spain`s experience in defense, transport infrastructure, high-speed trains, water and waste management and technologies. I encourage Spanish companies to take advantage of these opportunities. Mr. Modi said he was personally committed to helping foreign companies set up operations in India.
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