Tokyo, Sep 1 IANS | 18 days ago

Prime Minister Narendra Modi Monday sought to attract Japanese investors to India, stating that he knew what kind of coordination is needed between investors and the government for development.


"I understand the coordination needed between government and investors," Modi, speaking in Hindi, said at a luncheon hosted by the Keidanren or the Japanese Chamber of Commerce and Industry and the Japan-India Business Cooperation Committee.

Stating that he had worked with Japanese businessmen when he was chief minister of Gujarat, he said: "Japanese people who have worked in Gujarat know better than me about the Gujarat model of development."

"While working in Gujarat, I interacted with the industrial houses and business groups from Japan the most. In the last six or seven years, there has been hardly a week, when a delegation from Japan was not on a visit to Gujarat," Modi said.

"Thanks to this relationship, I understand aspects like how the vision of those in the government should be, the initiatives that need to be taken to ensure ease of business, steps important for simplification of policies. In addition, I also started understanding Japan specific requirements."

Talking about the first 100 days of the BJP government in power, he said he has made the Prime Minister's Office more efficient.

"The 5.7 percent growth rate in the first quarter of this fiscal reflects this," he said.

(Posted on 01-09-2014)

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