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FDI from India to EU to Cross $25Billion
Not sure if this is a good thing or bad thing. Indian companies are moving up the value chain and doing value buyouts in Europe. I’m sure the investors are going gung-ho and funding large acquisitions like Tata-Corus deal. Sad part is that our country struggle to attract the same amount of FDI inflow for infrastructure, education, basic healthcare and other necessities for common man. Lot of this is related to the policy matter. It is lot easier to do business in Europe than in India L Our government has a lesson to learn.
Full Story: http://economictimes.indiatimes.com/EU_may_get_25_bn_FDI_from_India_in_2007/articleshow/1794938.cms
Manav | मानव गौड़