Finance Minister Arun Jaitley has said the way India is moving forward on the path of consistently high economic growth, it is becoming a top favoured investment destination.
Addressing the Valedictory session of ASEAN-India Business and Investment Meet and Expo in New Delhi, Mr Jaitley said, India has become 5th largest economy and is moving towards becoming the 3rd largest economy.
He said, India grew even in adverse conditions and the country has capacities to grow even faster. He said, India and ASEAN has many similarities and its right time to grow together as relations are going to be further strengthened in coming days.
ASEAN is very important for the economic growth of India’s North Eastern states and Government is taking steps to boost the ties with the countries in the region.