Nitin Gadkari seeks US investment

Nitin Gadkari seeks US investment
20/07/2016 , by , in ALLIED

The Union Minister of Road Transport & Highways and Shipping Nitin Gadkari concluded his week-long official visit to the U.S. on Tuesday, successfully extracting assurances from the infrastructure and investment companies to provide the necessary technical expertise as well as capital to further boost the robust Indian maritime, roads and highways sectors.

During the trip, Gadkari held a series of productive interactions with investment bankers, fund managers and captains of trade and industry in the infrastructure sector at business platforms in Washington, New York, San Francisco and Los Angeles and placed on record convincing statistics of the rapid growth of this sector under the leadership of Prime Minister Narendra Modi.

He outlined the government’s policy initiatives and his own vision to strengthen India’s infrastructure sector and offered lucrative investment opportunities in road and highways construction and port-led industrialisation, listing the incentives to the US industry for joint ventures and collaborations on Public Private Partnership (PPP) model.

Gadkari said he was returning home fully satisfied with his visit which has broken new ground in the bilateral ties between India and the US and given the much needed impetus to cooperation in the field of infrastructure, particularly road transport, highways and shipping sectors.

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