New Delhi, Feb 27: Prime Minister Narendra Modi on Tuesday said there is so much in common between
India and Korea and maintained that he has immense admiration for the spirit of
entrepreneurship of the Korean people.
"......India and Korea have so much in common," Mr
Modi said addressing India-Korea Business Summit here.
"I admire the spirit of entrepreneurship of the Korean people. I admire the way in which they have created and sustained their global brands. From IT and Electronics to Automobile and Steel, Korea has given exemplary products to the world," he said.
Similarly, he said India is also working with the mission of Transforming India from- "an old civilisation into a modern society, from an informal economy into a formal economy".
"We are already the third-largest economy by purchasing power. Very soon, we will become the world's fifth-largest economy by nominal GDP. We are also the fastest growing major economy of the world," he said.
India has worked towards creating a stable business environment by removing arbitrariness in decision making, he said.
"We seek positivity in day to day transactions. We are widening areas of trust. This represents a complete change of the government's mindset," he said. UNI
Read more at http://www.uniindia.com/india-korea-have-so-much-in-common-says-prime-minister/india/news/1151653.html#gMWHuTSRp7GJhKmP.99
"I admire the spirit of entrepreneurship of the Korean people. I admire the way in which they have created and sustained their global brands. From IT and Electronics to Automobile and Steel, Korea has given exemplary products to the world," he said.
Similarly, he said India is also working with the mission of Transforming India from- "an old civilisation into a modern society, from an informal economy into a formal economy".
"We are already the third-largest economy by purchasing power. Very soon, we will become the world's fifth-largest economy by nominal GDP. We are also the fastest growing major economy of the world," he said.
India has worked towards creating a stable business environment by removing arbitrariness in decision making, he said.
"We seek positivity in day to day transactions. We are widening areas of trust. This represents a complete change of the government's mindset," he said. UNI
Read more at http://www.uniindia.com/india-korea-have-so-much-in-common-says-prime-minister/india/news/1151653.html#gMWHuTSRp7GJhKmP.99
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