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India centre of attraction for investment: FM Arun Jaitley

The way India is moving forward on the path of consistently high economic growth, it is becoming a top favoured investment destination. This is what Union Finance Minister Arun Jaitley said at the India-ASEAN Business and investment meeting on Tuesday 23 Jan 18.

The minister added that in the current scenario, whoever is doing business with and investing in India is feeling assured of a safe and secured economic future.

He also said India is keen on inviting investments in health, education and tourism sectors.

During an event, India-ASEAN youth awards, External Affairs Minister Sushma Swaraj said historical links between India and ASEAN countries are old and the prime place that Ramayana has been given by many nations is indicative of that.

A seminar was organised in Delhi to give further impetus to trade in Textiles between India and ASEAN, which was attended by Union Textiles Minister Smriti Irani.

The minister said the Indian textiles industry has the capability to become a one stop sourcing destination for brands and retailers of ASEAN nations. She urged both sides to fully tap the immense potential of Indian textiles.

On 25th Jan, a special commemorative summit will be held on completion of 25 years of diplomatic relations between India and ASEAN bloc, in which leaders of all South East Asian countries will be present. They will be the chief guests at Republic Day.

Special events and programmes are being organised focusing on further strengthening economic and cultural relations.
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