U.K. plans to invest in Rajasthan in light Of ‘Make In India’ campaign

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Friday, November 14, 2014: An Indian origin British parliamentarian on Wednesday said that U.K. investors are all prepared to support Prime Minister Narendra Modi’s “Make In India” campaign, by extending their business proposals to India.

U.K.’s Parliamentary under secretary of state for energy and climate change Baroness Sandip Verma while addressing a conference said that the ‘Make in India’ concept gave a clear and excellent direction and further added that several British investors are interested in coming to India to support it. She said, “We are pleased to hear Prime Minister Modi on Make-In-India that is an absolute and excellent direction forward, because we investors in Britain want to come to India and support Make-In-India moves.”

Verma during a meeting with Rajasthan Chief Minister Vasundhara Raje said that the investors from British had their focus in Punjab and Haryana and now also in Rajasthan since CM Raje had taken interest and created opportunities in renewable energy, solar and winds and climate change. While emphasizing on UK and Rajasthan relationship, she further added, “We need to have a long-term relationships and with a long term vision. We are considering a skill development agenda, agro-technology and other sustainable issues to be worked out in Rajasthan.”

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Verma said while talking about the opportunities provided by Rajasthan, all investors in the U.K. expect certainty of the environment, certainty of policy and certainty of the state and central government, where they’ll be investing.

As per the release from CM office after Raje’s meeting with the UK delegation, Verma noted that U.K. businesses are not only willing to participate in solar and other renewable energy related projects but also look forward to invest in manufacturing of components including solar cells in Rajasthan. Raje also expressed about UK desire to see dynamic partnership between small scale industries in the state and SME units in England.

Both leaders decided to get on to a high level interaction to explore sectors of mutual promise including healthcare, smart cities and waste management.

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