India invites Danish companies to invest in infrastructure

Other News Materials 4 May 2022 12:41 (UTC +04:00)

BAKU, Azerbaijan, May 4. India has invited companies and pension funds from Denmark to invest in the country’s infrastructure sector and green industries, Trend reports via Indian media.

The issue was discussed between Indian Prime Minister Narenda Modi and his Danish counterpart Mette Frederiksen during Modi’s official visit to Denmark.

According to Indian PM, over 200 Danish companies are already present in the country and benefiting from the 'ease of doing business' initiative of the government.

"There are huge investment opportunities for Danish Companies and Danish Pension Funds in India's Infrastructure Sector and Green Industries," Indian PM said.

It was mentioned that Danish companies are operating in various sectors like wind power, shipping, consultancy, food processing, and engineering.

The parties also underlined the importance of bilateral trade and investments and stressed the need to maximize the potential of economic ties between Indian and Denmark.