Britain remains India's favoured FDI destination

[Vikrant]

Indians should invest in India not in UK.

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Britain remains India's most favoured European destination for foreign direct investment (FDI), attracting 49 pecent of funds from the country, according to a latest Ernst & Young (EY) report. The 'Annual UK Attractiveness Survey' by the professional services firm finds that out of the total of Indian investment into Europe, the UK attracted 49 pecent, mainly in the automotive sector. "Looking across the BRICS' FDI projects into Europe... the UK secures the highest market share of investments from India," the report said. "In 2013 there were 103 investment projects from India in the UK, up from 74 in 2012, and surpassing the strongest previous year of 2010, when there were 94 Indian investment projects in the UK," it adds.

Read more at: Britain remains India's favoured FDI destination: Report - Moneycontrol.com

 

[Vikrant]

India's decedent rich class continues to invest in UK instead of India.

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LONDON: Indian billionaires pumped in nearly 1 billion pounds into buying up luxury homes in the heart of London over last 18 months alone, becoming second only to Britain-based buyers, a new report said.

These Indian mega-rich are expected to spend another £500 million on redevelopment in the next five years, said a report from UK luxury property agents Wetherell.

According to the analysis, Indian "ultra high net worth" (UNHW) individuals are buying up superflats, estates and hotels in London against the backdrop of a faltering real estate market back home in India.

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Indian billionaires among top buyers of London homes - The Times of India