Ram Nath Kovind Urges Cyprus Companies to Invest in the Indian Economy

The President of India visited a number of EU countries during his business visit. Speaking to the government of Cyprus, Mr Ram Nath Kovind expressed his opinion that the developing economy of India provides great opportunities for foreign investors.

Among the most profitable spheres, the President named the power industry, maritime, traffic, road and port construction as being the most profitable. It should be noted that Cyprus is one of the largest European investors in the Indian economy and the trade turnover between the two countries is currently estimated to be at USD $8.2 billion.