Prabhu calls for proactive approach to reach out to global cos

Commerce and Industry Minister Suresh Prabhu today called for adoption of a proactive approach to reach out to global companies with an aim to attract investments.

In a meeting with the team of 'Invest India', the minister deliberate upon ways to promote investments.

"Aligning with the idea of rolling out the red carpet for investors he called for a paradigm shift in approach for enhancing investments," the ministry said in a statement.

The minister "called for a proactive approach to reach out to global companies".

Prabhu also talked about 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 and they can be focused for bringing in investments.

"Prabhu also called for giving stress not only on Make in India but also on Design In India to be present in entire value chain," it added.

During April-June period of this fiscal, foreign direct investment in India increased by 37 per cent to USD 7.6 billion.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)