Paradigm Shift is needed for Removing Red Tapism for Foriegn Investment: Suresh Prabhu
Commerce and Industry Minister Mr Suresh Prabhu held a meeting with @investindia team in New Delhi and deliberated on promoting investments .
Aligning with the idea of rolling out the red carpet for investors he called for a paradigm shift in approach for enhancing investments. Mr Prabhu called for a proactive approach to reach out to global companies.
In a bottom-up approach the Minister called for preparation of district wise plan and creation of core competencies for states based on district wise plan. He said India’s long coastline is a natural advantage.He asked to also focus on India’s coastline for bringing in investments. Mr Prabhu also called for giving stress not only on @makeinindia but also on Design In India to be present in entire value chain.