New Delhi: How much does the UK invest in India , Britain has announced 17 new export and investment projects with India.
British government announces new investments in India
British Trade Minister Jonathan Reynolds and Investment Minister Bobby Gustafson, who were on a visit to India, made the announcements. However, details of the agreements related to exports and investment were not released.
It has also been reported that British insurance companies have more opportunities in India due to the features included in the recent budget tabled in the Indian Parliament. British companies are also planning to invest more to expand their insurance companies.
In the recently presented Union Budget, the permission for foreign investment in the insurance sector was increased from 74 percent to 100 percent.
950 Indian companies are operating in Britain and 650 British companies in India; this has created almost 6 lakh jobs in both countries, according to a press release from the British government.
About The Author
