Thursday, 4 February 2010

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World News | Online edition of Daily News - Lakehouse Newspapers <%dim dbpath, pageTle, Section, Section1 %>

India Minister invites European textile firms

FRANCE: Indian Textiles Minister on Tuesday urged European companies to invest more in his country as he insisted in Paris that India was a more lucrative destination than China.

"Come, come, come and make money," Maran told textile industry executives, adding: "Come to India, produce in India, sell in India, make money in India."

Maran, who visited Switzerland, Italy and Turkey before arriving in France, said India was a safer bet for investors than China.

"We want to ensure that India has good quality products, that copyright is protected, so that investors prefer India to China or other countries," he told AFP.

"We want to ensure that more investment comes to India, not to take your business," he said. PARIS, AFP


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