During their talks Tuesday, Modi and Thein Sein reviewed progress of major connectivity projects, including the India-Myanmar-Thailand trilateral highway, and Kaladan transport project.
Both sides view the trilateral highway as an opportunity for industrial cooperation, and sought to explore the possibility of setting up industrial parks along the highway. The Imphal-Mandalay bus service also came up for discussion, an official statement said.
As cultural contacts came up, it was decided that students from Myanmar shall also study at the revived Nalanda University.
Thein Sein remarked as India grows and develops, his country would also benefit.
During the talks, the possibility of India investing in Special Economic Zones in Myanmar was discussed. Investment in the oil and gas sector in Myanmar, and India's assistance in development projects in the agriculture and skill development sectors also came up for discussion.