India has ended regulatory uncertainty: PM

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Kuala Lumpur, Nov 23: Wooing foreign investors, Prime Minister Narendra Modi today said India has ended regulatory uncertainties and created a policy driven state that offers ample scope for investment.

At a meeting with leaders of Corporate Malaysia, he said India is looking at strengthening commercial ties with the South East Asian nation.

Modi assured the busines leaders that India wants to progress. “You have the experience and expertise. We have the requirement. It is a perfect match.”

India, he said, is the fastest growing economy in the world, with a stable polity and offering “ample scope for investment”.

On Saturday, the Prime Minister had promised reforms “with speed and boldness” along with a transparent and predictable tax regime and protection of intellectual property rights.

 

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