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Reform process has "uncaged" Indian Tiger: Cameron

Category »  Nation Posted On Wednesday, July 28, 2010

United News of India
Bangalore, July 28:
The reform process begun by then Finance Minister Manmohan Singh had "uncaged" the Indian Tiger and its power was now felt around the world, British Prime Minister David Cameron today said lamenting on the economic progress achieved by the country.
Speaking during his visit to the campus of IT major Infosys campus here, he said his visit to the country and the reason for the biggest delegation that was accompanying him was due to the "most obvious" reason of economic prosperity India had achieved and the lucrative opportunities it offered to the economy of England.
"There is still a development road to travel but thanks to the reform process begun by Mr Singh in the 1990s, the Indian tiger has been uncaged and its power can be felt around the world," he said.
One can feel it in the fantastic new airports in Bangalore and Hyderabad, in Mumbai's Bandra-Worla Sea Link, in the Delhi metro and in Delhi's stunning new airport terminal.
"And we can feel that power back home too. The Tata Group is now the largest manufacturing employer in Britain. More than 180 Indian companies have invested in our IT sector," he said explaining how India represented an enormous opportunity for British companies.

India to buy 57 Hawk jets, AS
New Delhi:
A British official says India has agreed to buy 57 more Hawk training jets from Britain in a deal worth about $800 million. The agreement was signed during a three-day visit to India by British Prime Minister David Cameron, according to the official, who spoke on condition of anonymity because she was not authorized to speak to the media.
The planes 40 meant for the Indian Air Force and the rest for the navy will be manufactured in India by Hindustan Aeronautics Limited, under license from Britain's BAE systems. India bought 66 of the advanced jet trainers from Britain in 2004 for $1.45 billion, after 18 years of negotiations.


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