India weighs facilitating European, UK investments via green channel
India is creating a dedicated channel to ease European and British company investments. This mechanism will offer dedicated support and help investors navigate government approvals. The initiative aims to facilitate capital flow beyond just trade agreements. Senior officials will directly monitor this new investor facilitation process. This move follows recent liberalizations in sectors like…
India is exploring a "green channel" to streamline investments from European and British firms, similar to Japan Plus and Korea Plus arrangements. Senior officials will monitor the mechanism to ensure swift resolution of issues. The UK, India's sixth-largest inward investor with $35 billion in equity investments, and the EU, which is expected to sign a comprehensive trade deal by year-end, are keen to boost capital flows into India. Currently, there are 971 Indian companies operating in the UK, employing over 1 lakh people.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
