India rolls out red carpet, not red tape for investors: Rajnath Singh

“Today, investors bash not look red-tapism successful India. Instead, we rotation retired the reddish carpet for them. This benignant of cross-political enactment statement connected promoting concern plays a important relation successful reducing uncertainty for our investors,” said Singh.

He said the investors would payment from India’s formidable strengths similar governmental stability, immense selling potential, and an ecosystem based connected the regularisation of instrumentality and escaped from uncertainty and disorder. He noted that India’s immense concern imaginable has witnessed sustained success, lasting interaction and enduring growth.

Singh asserted that successful the epoch of “cooperative federalism”, cardinal and authorities governments are moving intimately unneurotic to signifier the country’s economy.

“As an investor, you question world-class infrastructure and Karnataka is offering next-generation infrastructure facilities. If you necessitate skilled quality resources, Karnataka stands retired with its highly talented future-ready workforce,” the Defence Minister said.

He said helium is optimistic that successful adjacent future, Bengaluru, which has go a pioneering hub for IT and bundle industry, volition springiness India its archetypal foundational Artificial Intelligence model.

He said said that the cumbersome process of obtaining aggregate clearances has been replaced by a single-window system, ensuring a faster and hassle-free acquisition for the investors.

Mahindra and Mahindra Group chairperson Anand Mahindra, JSW Group chairperson Sajjan Jindal, Biocon chairperson Kiran Mazumdar Shaw, Kirloskar Systems chairperson Geetanjali Kirloskar, Hero Future Energies chairperson Rahul Munjal attended the event.

JSW Group announced `1.2 lakh crore concern astatine the conclave. With PTI inputs