Modi invited Norway’s pension fund to invest in india

Vastavam web: Prime Minister Narendra Modi has invited Norway’s pension fund to invest in new sectors in India citing the complementarity of the economies of the two countries.Modi, during a bilateral meeting with Norwegian Premier Erna Solbergen here, underlined the Indian openness to foreign investment and also invited Norwegian companies to invest in India, a Norwegian government statement said.

Modi encouraged the Norwegian State Pension Fund Global to consider investing in new sectors in India, it said.The areas of cooperation that were discussed included energy, green transport, environmental technologies, innovation, maritime and marine economies.Modi and Solberg also discussed a joint action plan to achieve the United Nation’s Sustainable Development Goals.

Solberg underlined the importance of India succeeding if the world is to achieve the UN’s Sustainable Development Goals, the statement said.”Also the importance of the world taking decisive action to stop the environmental degradation of the oceans and to develop sustainable use of the vast resources of the ocean was a key topic of discussion,” the statement said.