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.