Economy

'India must explore investment potential in Philippines’

Our Bureau Kolkata | Updated on July 16, 2012 Published on July 16, 2012




Mr Amit Dasgupta, Ambassador-designate of India to the Philippines, on Monday said that India should explore investment and business opportunities in the Philippines.

Information technology, education, transportation, telecommunication and tourism could be some of the key areas for co-operation between the two countries, Mr Dasgupta said at an interactive session organised by the Confederation of Indian Industry here on Monday .

He also deliberated and interacted on business and investment opportunities in New South Wales and Australia.

“The global economy is going through a stressful and difficult period and every country is facing the stress. In such a situation, what is most required for India to tackle the economic downturn is to discover new markets and strengthen existing markets and focus on creation of wealth,” he said.

shoba.roy@thehindu.co.in

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Published on July 16, 2012
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