VP Naidu invites Lithuania to become part of Make in India |
Vice-President Naidu has expressed his confidence that India`s growing market offers immense business opportunities to the world & is the fastest growing economy in the world. On a first ever high level visit to the three baltic countries, Indian Vice President Venkaiah Naidu, addressed the India-Lithuania Business Forum in Vilnius. He added that bilateral trade between the two countries is below potential and efforts must be made to improve it. He said India has been successfully reforming and transforming its business environment to attract investments at a huge scale. India presents a model of successful cooperative federalism, wherein huge states are equal partners in fostering growth and development. He said, Lithuania can be a strong technology partner for India in various areas of opportunity such as agro-food processing, since Lithuania has strengths in dairy and cheese production. Such technologies would be appreciated in India`s mega food parks. "The opportunities for our economic and commercial cooperation between India and Lithuania are therefore numerous. The Vice President also invited Business delegation from Lithuania to participate in India-Europe Business Forum. His three nation tour will also take him to Latvia and Estonia.
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