Morocco can attract big Indian investment due to its talented human resources and an impressive investment climate, said Ashwath Narayan, Minister of Technology of India’s Karnataka State.
Local media reports said the Indian minister was a part of the meeting involving Director-General of the Moroccan Agency for the Development of Investment and Exports (AMDIE), Youssef El Bari, and the Moroccan Ambassador to India, Mohamed Maliki.
The AMDIE and the Embassy of Morocco launched a roadshow in India to promote the initiative “Morocco Now”, which projects Morocco as a leading industrial and export platform to accelerate foreign investment.
The reports said the initiative also encourages efforts to adopt decarbonized production according to the transforming world, based on environmental urgency and new regulations.
Morocco offers huge opportunities for Indian companies to settle and expand, the Indian minister said.
He added that the areas of high technology, biotechnology, engineering and automotive are high value-added sectors on which investments should focus.
Morocco offers opportunities for Indian companies to settle and expand: Official
- Morocco has launched a roadshow in India to promote the initiative "Morocco Now".
- High technology, biotechnology, engineering and automotive sectors should be focus of investments, said the minister.
Today's Headlines
By signing up you agree to our Terms of Use and Privacy Policy
The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.
The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…
The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…
Majority of tenders issued are part of Bahrain’s $32 billion infrastructure development plans Oil and gas $767m, aviation $382m, construction and engineering $194m, materials and equipment $119m Bahrain…
PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size