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Govt to foreign CEOs: 'We're waiting for you'

New Delhi: Finance minister Arun Jaitley is urging foreign investors to help plug enormous gaps in the country's infrastructure blamed for holding up growth.Arun Jaitley told international and Indian CEOs that the country was "waiting

India TV News Desk Updated on: November 05, 2014 17:07 IST
govt to foreign ceos we re waiting for you
govt to foreign ceos we re waiting for you

New Delhi: Finance minister Arun Jaitley is urging foreign investors to help plug enormous gaps in the country's infrastructure blamed for holding up growth.

Arun Jaitley told international and Indian CEOs that the country was "waiting for you." He was speaking on Wednesday at the opening of the India Economic Summit.

Prime Minister Narandra Modi has enchanted Indians with his vision for a country crisscrossed by modern highways and dotted with high-tech smart cities.

That's a far cry from the pot-holed roads and lumbering railway services of today. Meanwhile, as much as 40 percent of the country's food goes to rot due to a lack of warehouses.

Economists estimate India needs $1 trillion in infrastructure investment. 

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