Bangladesh PM Sheikh Hasina is likely to seek investments from India in a host of sectors like power and telecom during her interaction with top Indian business leaders in New Delhi. Issues like security, terrorism, trade and investment and cooperation in infrastructure building high on agenda; Three agreements to fight terror and a pact on sharing power will be the highlight of Bangladesh Prime Minister Sheikh Hasina’s maiden visit. During her visit she will hold talks with Prime Minister Manmohan Singh and receive the Indira Gandhi Peace Prize.
India's business chambers - FICCI, CII and Assocham - would be hosting a luncheon meeting for Hasina and flag issues for enhancing economic cooperation. Hasina, accompanied by business delegation of over 40 people, is arriving in New Delhi on a day-long visit. While trade has been increasing between the countries over the last several decades, it is only now that the two nations are seeking opportunities for FDI in setting up new plants or through mergers and acquisitions. Bharti Group, which owns India's largest mobile telephony brand - Airtel -, is in advanced stage of discussion to buy 70 percent stake in Warid, a telecom firm of Bangladesh. NTPC, India's largest power generating firm is also keen to set up joint ventures in Bangladesh.
India's business chambers - FICCI, CII and Assocham - would be hosting a luncheon meeting for Hasina and flag issues for enhancing economic cooperation. Hasina, accompanied by business delegation of over 40 people, is arriving in New Delhi on a day-long visit. While trade has been increasing between the countries over the last several decades, it is only now that the two nations are seeking opportunities for FDI in setting up new plants or through mergers and acquisitions. Bharti Group, which owns India's largest mobile telephony brand - Airtel -, is in advanced stage of discussion to buy 70 percent stake in Warid, a telecom firm of Bangladesh. NTPC, India's largest power generating firm is also keen to set up joint ventures in Bangladesh.
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