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Govt fast-moving on reforms: PM to Canadian CEOs

TORONTO: Inviting Canadian companies to invest in India, Prime Minister Narendra Modi has told them that his government was fast-moving on reforms and had already opened up sectors such as railways, insurance and housing.

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Toronto, April 17
Inviting Canadian companies to invest in India, Prime Minister Narendra Modi has told them that his government was fast-moving on reforms and had already opened up sectors such as railways, insurance and housing.
"Canada has capabilities. India provides opportunities. If both combine, you can imagine how high the relationship can go," Modi told executives of top 30 Canadian companies here yesterday.
The Prime Minister told the CEOs that there were several capabilities and opportunities in the India-Canada relationship. Prime Minister Stephen Harper was also present during the meeting.
"You have a lot of capabilities but Canada is a small place for you considering your potential so it is important for you to look for new open fields. The most appropriate in this regard is India which has 125 crore people, demography, democracy and demand," Modi said. He said, "After a long time there is a stable and progressive government in India which can provide maximum benefits."
He told the CEOs that India was fast-moving towards reforms and opportunities were innumerable.
"There have been several progressive decisions one after another. I want Canada to take advantage of it," Modi said. He also talked about solid waste management as part of the 'Clean India' campaign, giving the slogan from "waste to wealth." He said whoever had expertise should come to India in this regard. Modi also discussed the 100 smart cities programme. — PTI

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