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Grab investment opportunities in India: PM Modi to Qatari firms

On the second day of his visit to the oil-rich Gulf nation, he held an hour-long closed-door interaction with top business leaders of Qatar, telling them about the work done by his government over the last two years to facilitate the ease of doing business. 

Qatar’s business community had some questions related to rules and clearances, to which Modi said his government had changed rules and norms to enable easier Foreign Direct Investment (FDI) in a number of sectors, sources said. He specifically mentioned sectors like railways, defence, manufacturing and food processing. 

He also spoke about the big opportunity existing in the tourism sector. The Prime Minister told them that his government will continue to work for easing the norms and rules further to make it more easier to do business in India. Inviting investments from Qatar’s companies, he said that India is a “land of opportunities and they should grab it”.

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