UK finance minister fetes Modi, seeks business openings

Please Like Us!!!
Britain's Chancellor of the Exchequer Osborne and Britain's FS Hague arrive to address a news conference in Mumbai

By Swati Bhat Mumbai (Reuters) – Britain’s finance minister George Osborne praised India’s new prime minister Narendra Modi on Monday for helping create a quick turnaround in investor sentiment, during a two-day trip aimed at opening up opportunities in defence and infrastructure. Along with most western nations, Britain shunned Modi for years after he was accused of not doing enough to stop religious riots that killed hundreds in his home state of Gujarat in 2002, when he was its chief minister. “Prime Minister Modi is seeking more investment in India’s economy – and I want British companies to provide it, and the British government to support it,” Osborne said.


Reviews & Comments