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Bangkok Post
Bangkok Post
Business

Agency urges Indian outlays

The Indian government launched an initiative to promote startups in the country.

Thai investors are being urged to rev up outlays in India, especially in 14 sectors promoted by the Indian government, while New Delhi takes steps to strengthen its ecosystem for budding entrepreneurs.

Phusit Ratanakul Sereroengrit, director-general of the International Trade Promotion Department, said the Thai Trade Center in Mumbai recently informed officials India rejigged investment incentives and vows to work closely with related agencies to facilitate investment in 14 targeted sectors this year.

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