India has become a market that you can’t ignore: Global experts
India has become a market that you can’t ignore, pushed on by government reforms and a booming tech industry, top industry experts have said.
India has become a market that you can’t ignore, pushed on by government reforms and a booming tech industry, top industry experts have said.
UP Chief Minister Yogi Adityanath, on Tuesday, said that the investment proposals totaling Rs 40 lakh crore received during last year’s Global Investors Summit, bear testimony to the growing interest of investors from across the globe in the state.
This assurance was reaffirmed by the Group Chairman Anil Agarwal at a meeting on breakfast with Chief Minister Bhajan Lal Sharma at the former's residence in London.
'The RIPS-2024, a flagship programme of the state government, will provide a set of new incentives to investors for IT, Power, Logistics sectors and more additions on the list of new sunrise sectors', Sharma has announced.
In preparation for this ambitious business conclave, the state government has planned investor meetings across the country and overseas.
After the Uttar Pradesh Global Investors Summit 2023, the flow of investment is progressing in the state.
The concern in the market now is the excessive valuations in the mid and small-cap segments, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Speaking to the gathering he said, “The Prime Minister visited the states 64 times. And for the first time in the history a railway connectivity upto Aizawl from Siliguri to Gangtok has been taken. This is underway and it is a very difficult task” he added
Investment activity by the India Inc is not yet broad based but limited to some pockets, states a research study by Bank of Baroda.
Haresh Letchmanan, 38, who worked at a hospital as an operations assistant till January 2023, pleaded guilty to five cheating charges on Thursday, The Straits Times reported.
