32 percent of 505 global investors named India as the favored market for investment according to a survey published by accounting firm Ernst & Young. China was second with 15 percent of the vote, followed by S.E. Asia, Brazil and N. America. “There is no doubt that interest in India...
French Companies to Invest $5 Billion in the Indian Insurance Industry
At an event organized by the French embassy and the Federation of Indian Chambers of Commerce and Industry, France’s ambassador to India Francois Richier said that France would invest $5 billion in India’s insurance business. “When you compare the share of French FDI (foreign direct investment), India receives 6% whereas...
UK-India Business Leader Says Doing Business in India Has Become Easier
The Times of India interviewed Patricia Hewitt, Chair, U.K. India Business Council, the business-led organization that works with the British government to promote bilateral trade between the U.K. and India. She said in the interview that “the election of the Narendra Modi government, with a decisive mandate for growth and...
Indian Government to Facilitate U.S. Investments
To bolster the renewed interest among American businessmen, the Indian government has constituted an inter-ministerial committee to ensure that investments from the U.S. do not run into roadblocks. Members of the committee include officials from the finance, environment, power, transportation, defense, civil aviation, telecom, health and external affairs ministries, and it...