Toronto: Pitching for Canadian investment for his 'Make in India' initiative, Prime Minister Narendra Modi today held a meeting with Canada's business leaders in Toronto.
Ministry of External Affairs Spokesperson Syed Akbaruddin tweeted after Modi held a roundtable conference with them. PM Modi was accompanied by his Canadian counterpart Stephen Harper during the meeting.
"Demand to do business with India has gone up exponentially; India now on top of our list - Canadian investors to PM," he said.
He also met officials of the Pension Fund of Canada which has the corpus of 200 million dollars and discussed how to ease the investment opportunities for it. Canada's pension funds include some of the world's biggest investors.
"They are looking for avenues where they can get secure and safe returns over the long term. They realise India is one of the countries that offers what they are looking for," India's High Commissioner in Canada, Vishnu Prakash, had said yesterday.
PM Modi, who arrived in Canada yesterday on the last leg of his three-nation tour, has made a strong pitch for 'Make in India' initiative.
The bilateral trade increased to USD 5.18 billion in 2013-14 from USD 4.83 billion in previous year. PM Modi yesterday said that environment is changing in India and highlighted that various international agencies including World Bank and IMF have said that India is the fastest growing economy.
Ministry of External Affairs Spokesperson Syed Akbaruddin tweeted after Modi held a roundtable conference with them.
"Demand to do business with India has gone up exponentially; India now on top of our list - Canadian investors to PM," he said.
"They are looking for avenues where they can get secure and safe returns over the long term. They realise India is one of the countries that offers what they are looking for," India's High Commissioner in Canada, Vishnu Prakash, had said yesterday.
Advertisement
The bilateral trade increased to USD 5.18 billion in 2013-14 from USD 4.83 billion in previous year. PM Modi yesterday said that environment is changing in India and highlighted that various international agencies including World Bank and IMF have said that India is the fastest growing economy.
Advertisement
COMMENTS
Advertisement
PM Modi Meets Party Staffers At BJP Headquarters PM Modi Chairs Security Meet Amid Rising Terror Attacks In Jammu BJP Accuses Congress Of Inciting Violence Against PM Modi With 'Maut' And 'Hinsa' Remarks Windows Computers Lead To 'Blue Screen Of Death' Due To CrowdStrike Error Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down Microsoft 'Blue Screen Of Death' Outage: Full List Of Services Hit In India Study Abroad: Top 10 Management Universities In United Kingdom "Reason Identified, Updates Released": India On Massive Microsoft Outage UPSC Cracks Down, Says Puja Khedkar Faked Identity, Parents' Name, Address Track Latest News Live on NDTV.com and get news updates from India and around the world.