Government seeks British investment in infrastructure projects

"We are looking at British infrastructure and consultation companies to invest in India's infrastructure projects. We have to work together to realise the potential of growth in this (sector)," Nath told reporters here at the residence of the British High Commissioner to India.

"To develop India, we need to build roads and for that we need to make greater use of the the latest technology available," Nath added.British Business Secretary Vince Cable said: "As India develops its infrastructure, the potential for further co-operation between India and Britain is enormous."

 Cable and Nath were speaking at an event organised to unveil the 100,000th excavator manufactured by construction equipment maker J.C. Bamford (JCB).

JCB started out as a joint venture (JV) in 1979. In 2003, it acquired 100 percent stake in the Indian subsidiary. Currently, the company has a 50 percent share of India's construction equipment market.

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