Highlights: PM, Merkel in Tech Capital

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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