Indian economy remains attractive place for investments: Pranab Mukherjee

Posted By: Religare
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New Delhi, Jan 8(ANI): Union Finance Minister Pranab Mukherjee on Saturday noted that India still remained a favoured destination for international players to invest.

Mukherjee said this while addressing delegates of the Global Advisory Council of People of Indian Origin, a forum of non-resident Indians, in the national capital.

"In the first half of the year 2010-11, the Indian economy recorded a GDP growth of 8.9 percent at a time when developed economies are still fragile, and offer limited productive opportunities for investment," Mukherjee said.

"The vibrancy and the vitality of the Indian economy remains an attractive place for investments and an important source for global growth," he added.

About 1,500 overseas delegates and several Chief Ministers are attending the three-day conclave that would conclude on Sunday. (ANI)

Story first published: Saturday, January 8, 2011, 20:10 [IST]
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