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.
Bengaluru-based tech companies raised record levels in the first three quarters of this year with $7.5 billion in VC funding -- up from $5.2 billion in 2021, a report showed on Wednesday.
Noting that the country's domestic markets were strong due to the aspirations of its people, he declared that building a New India was possible only with bold reforms, massive infrastructure, and the best of talent.
CM Chouhan made the remark during the Curtain Raiser and Ambassador Roundtable of Global Investors Summit 2023 in New Delhi on Thursday.
The economy of Shanghai, China's most populous city, slumped 13.7% in the second quarter when COVID-19 outbreaks led to citywide lockdowns in April and May. It was the biggest economic contraction among all of China's province-level regions.
A research report prepared by the State Bank of India (SBI) mentioned that India will be a major beneficiary as investments are dragging out of China.
