Kalam favours FDI in retail

Kolkata: Pitching for foreign direct investment (FDI) in retail, former president APJ Abdul Kalam on Sunday said the country should build capacity for aggressively marketing its products at the global level.

Averring that the factors separating the developed and the developing world were “aggressive marketing” and “competitiveness”, Kalam said: “As long as we can build the capacity of aggressiveness in marketing and competitiveness, FDI is not a dangerous thing.”

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Addressing a function organised by the Bharat Chamber of Commerce, Kalam said: “The developed (world) wants to sell its goods to all the developed countries as well as the developing countries. The developing countries like us, we want to market our products. Both of them want to market their products. The common link is competitiveness and aggressive marketing.”

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Commenting on movements resisting nuclear power, Kalam said, he had visited the site of the nuclear energy park at Tamil Nadu’s Kudankulam. “I know it to be one of the safest plants with four safety barriers that are inter-locked.”

“I am against fossil fuels. I am for nuclear power, solar power, wind power and hydel power,” he said.

IANS