With the recession over weak economic situations in western continents, NRIs spread across the world , now see India as a promising business place. Many of the NRI businessmen from Canada, US, South Africa and UK who had come to Jaipur to attend the 'Pravasi Bharatiya Diwas' admitted that they are willing to return back to their motherland for business.
Due to severe debt crises in US & UK, Indian businessmen are not finding the new ways to expand their businesses. They believe that this is the right time to invest in India with the falling Rupee to receive more rupee funds on conversion. They also think that India has the potential to grow at the rate of 7-8% which is highly promising them to return back to India.
However, these NRIs have shown concern over the issue that Indian Government is not supportive to us. They said that Indian Government asks us why we want to do business in India..!!
They said that investment is a one-way process whereas business opportunities comprise of partnerships, join ventures and involving local industries and such ventures will be more viable in the present economic scenario in India.
(Courtesy- The Economic Times, 12th Jan. 2012)
Due to severe debt crises in US & UK, Indian businessmen are not finding the new ways to expand their businesses. They believe that this is the right time to invest in India with the falling Rupee to receive more rupee funds on conversion. They also think that India has the potential to grow at the rate of 7-8% which is highly promising them to return back to India.
However, these NRIs have shown concern over the issue that Indian Government is not supportive to us. They said that Indian Government asks us why we want to do business in India..!!
They said that investment is a one-way process whereas business opportunities comprise of partnerships, join ventures and involving local industries and such ventures will be more viable in the present economic scenario in India.
(Courtesy- The Economic Times, 12th Jan. 2012)
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