Prime Minister Narendra Modi, while addressing the 18th Asia-Pacific Summit of German Business 2024 here on Friday, invited German industries to invest in India and said Germany has increased the visa for skilled Indian workforce from 20,000 to 90,000.
Germany's confidence in India's skilled manpower is unbelievable. I am confident that this decision of Germany will accelerate its development journey. There is no better place in the world to invest than India and now is the right time to join India's growth story. They can join India's 'Make in India' initiative and learn to 'Make for the World'. Now is the right time to join India's growth story. India is becoming a global center of trade and manufacturing. Today India stands on the strong pillars of democracy, demography, demand, data.
He said India is making record investments in roads and ports and the Indo-Pacific region is very important for the future of the world. The Prime Minister lauded the strong ties between India and Germany and cited recent cooperation as evidence of the close friendship between the two countries. He said that on one hand the CEO Forum meeting is taking place here and on the other hand exercises are being conducted with the navies of both the countries. German naval ships are at port in Goa and the seventh India-German inter-governmental consultations are also scheduled to take place soon. The friendship between India and Germany is deepening at every step and on every front. This year India-Germany strategic partnership is completing 25 years and the next 25 years will take this partnership to new heights. We have prepared a blueprint for a developed India in the next 25 years.
This is the right time to join India's development story.
Prime Minister Modi also said that this is the right time to join India's development story. Indian dynamism meets German precision while German engineering meets Indian innovation. When German technology combines with Indian talent, a bright future is envisioned for the Indo-Pacific region and the world. Friends, you are from the business world but coming to India is not just about the business world. If you miss India's culture, food and shopping, you will miss a lot. I assure you that you will be happy and your family will be happier back home.
India is the biggest center of diversification and de-risking
Today, while on one hand hundreds of German companies are present in India, on the other hand Indian companies are also rapidly increasing their presence in Germany. Today, India is becoming a major center of diversification and de-risking. Prime Minister Modi welcomed the publication of the 'Focus on India' document by the German Cabinet. He said that he is happy that the German Cabinet has released the 'Focus on India' document at such an important time. This document is a blueprint for how the world's two strongest democracies, the world's two leading economies, can become a force for global good. This will take the strategic partnership forward overall.