India and Mexico build consensus on IT, Energy, Pharma, Automotive sectors

Prime Minister Narendra Modi arrived in Mexico from the US on the fifth and final leg of his five-nation tour on Wednesday night.

PM Modi and President Enrique Peña Nieto agreed to move beyond just trade ties to collaberating on several sectors such as IT, Energy, Pharma and automotive. 

Some of these agreements include Mexico's support for the International Solar Alliance, an initiative that was launched by PM Modi and French President Francois Hollande at the UN Climate Change Conference in Paris on November 2015.

"I'd like to thank President (Nieto) for his support for International Solar Alliance. I'll transform the global canvas for solar teach," said Modi.

Apart from this the two countries signed agreements on projects in the space of agriculture research, bio technology, waste management, disaster warning and solar energy. 

PM Modi also agreed to find ways of increasing the co-operation between the two countries in space, science and technology. 

"We are now looking to move beyond our buyer-seller relationship. IT, Energy, Pharma and automotive are key growth areas (for partnership)," said Modi