Modi encouraged Spanish infrastructure, tourism, energy and defense companies to invest in priority sectors in India, saying "It's a great time for Spanish companies to invest in India".
Spain is next bigger destination on Modi's bucket list. "But the cancellation of the India-German investment treaty makes it very hard for investment especially by small companies from Germany, and we urge that you work on the conclusion of the EU-India FTA", Hubert Leinhard, president and CEO of hydropower company Voith Gmbh, and president of the German business chamber APA, said, speaking in the presence of Mr. Modi and Ms. Merkel.
"Both India and Spain have faced terrorism", Modi said while jointly addressing the media with Rajoy at La Moncloa, the official residence of the Spanish Prime Minister.More news: Nadal Cruises into Third Round, 74-2 at Roland Garros
"Met President Putin. We had a wonderful meeting during which we discussed India-Russia relations", Modi later tweeted.
On his part, Rajoy said bilateral ties would deepen following Modi's visit to Spain. "He had a very restricted meeting with President MR Rajoy".
Modi and Putin will meet on the third leg of the Indian leader's four-nation tour of Europe with the pair looking to bolster declining trade between the once key partners.
"The symbols of our contemporary partnership today include Indian investments in Sakhalin 1, and now the Vankor and Taas-Yuryakh oil fields, the nuclear power plant at Kudankulam and the Brahmos Joint Venture Project", Modi said. In addition, we are also implementing a strategic market entry support Programme, since September 2015.More news: Liberum Capital Reiterates "Hold" Rating for QinetiQ Group plc (QQ)
They both are strong leaders with cult-like following.
What will the Indian Prime Minister do in Spain?
A joint statement issued following the meeting between the two leaders said both "recognised that terrorism poses the gravest threat to global peace and stability and expressed their strong commitment to combat terrorism in all its forms and manifestations".
He reiterated that his discussions with the Spanish Prime Minister would lead to enhanced ties between the two countries, while adding, "Spain and India should work in collaboration in all spheres".More news: Back on court after knife attack, Kvitova wins in Paris