Summary
They talked about making new toys, gadgets, and other things together.
The goal is to create many new jobs for people in both places. 👷
They hope to share ideas and help each other's businesses grow.
Key Points
4 points1
Piyush Goyal, India's commerce minister, met Prince Alois.
2
They discussed partnerships in making products and technology.
3
India wants to attract more foreign money for businesses.
4
The agreement aims to create one million new jobs.
New Words to Learn
14 wordsminister
a person who helps run a part of the government
hereditary
passed down from parents to children
investment
putting money into something hoping it will grow
partnership
working together with someone
economic
related to money and jobs
manufacturing
making things in factories
technology
tools and machines that help us do things
research and development
studying new ideas to create better products
precision engineering
making very exact and detailed parts
innovation
new and better ways of doing things
foreign direct investment
money from other countries used to start or grow businesses
startup
a new small company trying to grow quickly
non‑metropolitan
places that are not big cities
value chains
the steps needed to make a product from start to finish
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