"I hope for an early conclusion of the on-going negotiations for a Trade and Investment Agreement between India and the EFTA, of which Norway is one of the four member nations," the President said in his speech at a seminar on business, science and technology here.
EFTA is an inter-governmental organization set up for the promotion of free trade and economic integration for the benefit of its four-member states -- Iceland, Liechtenstein, Norway and Switzerland.
Mukherjee also expressed hope for further investment from Norway's Government Pension Fund-Global in view of India's "tremendous" growth potential.
"I would like to make a special mention of the Government Pension Fund-Global of Norway, which is the largest sovereign wealth fund in the world with assets close to USD 900 billion.

Investments of the Fund in equity and fixed income assets in India are only about USD 4 billion.
"Given India's tremendous growth potential, I am hopeful that the Fund will considerably increase its investment exposure to our economy," he said.
The President also asked the Norwegian trading community to take optimum advantage of 'Make in India' programme, aimed at ensuring investor-friendly environment for businessmen in
the country.
Mukherjee said that his government was committed to a business-friendly environment which is impediment free, predictable, facilitatory and transparent.
"To that end, India has embarked on an ambitious 'Make in India' programme to make the country an investor-friendly destination by setting up single window clearances, e-Business portals and Investor Facilitation Cells. I am confident that Norwegian investors shall take optimum advantage of the new policies unveiled," the President said in his speech.
The President said to facilitate greater investment in infrastructure, India has set up facilities and schemes such as industrial corridors, the Industrial Infrastructure Upgradation Scheme, National Investment and Manufacturing Zones, Industrial clusters and Smart Cities.
"Development of infrastructure will not only propel economic growth in our country but shall also enable foreign companies that invest in India to participate in and partake the benefits of our growth," he said.
Mukherjee, who is here on a maiden visit, said the infrastructure sector is a focus area for India's economy.
"In the next few years, we envisage a spend of a trillion US Dollars on infrastructure, including on new power projects, which offer a great opportunity for energy companies in Norway which is a repository of advanced technology in hydro-electric power," he said.
India needs to augment power generation capacity to meet the ever-expanding energy needs of the growing economy, he said.
"Clean and renewable energy is recognized as the way forward for sustainable expansion of our energy programme. I am confident that both our countries can work together in this sector for mutual benefit. India also holds immense promise for Norwegian companies seeking to invest in sectors such as oil and gas, shipping, machinery and clean technologies," the President said.

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