FDI sensitive, but to India's benefit: UK Inc
Quotes

FDI sensitive, but to India's benefit: UK Inc

Last Updated: Friday, September 14, 2012, 23:59
 
 Comment 0
 
FDI sensitive, but to India's benefit: UK Inc
London: The influential Confederation of British Industry today said announcements on FDI in India were "good news" and would ultimately benefit Indian citizens even though the decisions were politically sensitive.

Rhian Chilcott, Confederation of British Industry (CBI), International Director said: "Foreign direct investment can help bring new capital, skills, jobs and technology into India, so this announcement is good news".

"While we understand the political sensitivities around these decisions, we believe that they will ultimately benefit the citizens of India," she said.

"It will be important to see the detail behind this and follow the implementation closely, as this will be critical to success," Chilcott added.

A key organisation in Britain's trade and industry, CBI represents more than 240,000 companies, including many?in the FTSE 100 and FTSE 350, mid-caps, SMEs, micro businesses, private and family owned businesses, start ups, and trade associations.

PTI



First Published: Friday, September 14, 2012, 23:59


Comments


comments powered by Disqus
Google I/O 2014
Google I/O 2014
Maker Faire @ White House
Maker Faire @ White House
Amazon unveils 3D `Fire` smartphone
Amazon unveils 3D `Fire` smartphone
RIL`s 40th AGM
RIL`s 40th AGM
Samsung Galaxy Tab S
Samsung Galaxy Tab S

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved