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India


SoftBank to participate in technology, energy and finance in India

SoftBank to participate in technology, energy and finance in India

Tokyo/ New Delhi, May 23, (UNI) Prime Minister Narendra Modi on Monday met Board Director and Founder of SoftBank Corporation, Masayoshi Son.
They discussed SoftBank’s future participation in India in key areas such as technology, energy and finance, the PMO said.
They discussed various reforms being undertaken to enable ease of doing business in India, the PMO added.
Specific proposals were shared with SoftBank where it could enhance its investments in India.
The Prime Minister appreciated SoftBank’s role in India’s startup sector.
"India is growing very quickly. New startups coming up everyday and unicorns coming very quickly. India's future is bright, PM Modi is committed for the success of India, supporting startups and making it centre of high technology," said Son after the meeting.
SoftBank is a Japanese multinational conglomerate holding company which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors.
UNI ASU ACL1320

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