Tokyo • Indian Prime Minister Narendra Modi is wooing Japanese businesses with a promise of "red carpet" treatment rather than the bureaucratic red tape that India is notorious for.
India is the best possible investment destination, offering "democracy, demography and demand" in its market of nearly 1.3 billion people, Modi told Japanese business leaders Tuesday.
"I have come to assure you that there is no red tape but red carpet in India. We have eased off lot of regulations," he said.
Modi will wrap up his five-day visit to Japan on Wednesday, bringing home pledges of billions of dollars in aid and investment after the two governments agreed to beef up their economic and security ties.