ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-Red Carpet for Foreign Capital

NEW DELHI Red Carpet for Foreign Capital BM A PRESS handout of the Indo-American Chamber of Commerce makes very interesting reading and merits attention. The handout says that the Indo-American Chamber perceived the "new Indian administration headed by Prime Minister, Mr Rajiv Gandhi, as an emergence of new hope and opportunities for foreign collaborators in India". The President of the Chamber, fresh from a vist to the USA. released the statement at a press conference and added with confidence that the business environment in India, especially for "foreign collaborators", had changed completely. He went on to assert that "international investors such as transnational corporations, bankers and non-resident Indians are [now] seeking new opportunities for trade and investment in India".

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