India a 'huge growth opportunity': Investment pact with UK can boost FDI
India is being positioned as a major global investment opportunity, with the UK's Trade Commissioner highlighting the potential for increased foreign direct investment. A new trade agreement between the two nations aims to boost economic ties, though officials noted that a separate bilateral investment treaty is still desired for better investor protection.
Why it matters
Strengthening trade relations between India and the UK could significantly impact global supply chains and capital flows, signaling India's rising importance in the international market.
India is emerging as one of the world's biggest investment opportunities, with global companies increasingly backing its long-term growth story despite carefully weighing risks and returns, according to Harjinder Kang, the UK's Trade Commissioner for South Asia. The executive said that a proposed Bilateral Investment Treaty (BIT) between the two nations could further strengthen investor confidence, provide greater certainty to businesses and help attract higher foreign direct investment (FDI) into India.Speaking to ANI on Wednesday, the day the India-UK Comprehensive Economic and Trade Agreement (CETA) came into force, Kang said multinational corporations evaluate investment destinations based on the balance between risk and long-term growth potential, with India continuing to stand out as an attractive market."People are making their judgments on India based on return on risk.
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