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Highlights: PM, Merkel in Tech Capital

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PM Narendra Modi and German chancellor Angela Merkel share the dais in Bengaluru to discuss the role of technology and innovation in manufacturing and IT services.

Here are the key highlights:

PM: Indo-German ties are crucial

PM: India needs a push to the manufacturing sector

PM: We are putting in place a professional team for asset management

PM: India is now at 9th place on UNCTAD’s ranking of investment attractiveness and jumped 16 places on WEF’s global competitiveness index.

PM: Our tax regime is transparent

PM: Transparent auction and allocation of spectrum and key resources have given a level playing field

PM: Across the board we have increased the validity period of Industrial Licences

PM: It is the software of India that will move the hardware of the world

PM: India is on the threshold of a big IT revolution; where technology will be leveraged to meet aspirations of 1.25 billion citizens

PM: India is committed to protecting Intellectual Property Rights Rights of all innovators & entrepreneurs

PM: Never before was India so well prepared to absorb talent, technology & investment from outside

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