Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
TM
Mon, May 20, 2019 | Last Updated 8:54 pm IST

Menu &Sections

Search

UK no longer preferred market for Indian investment due to Brexit factor

UK no longer preferred market for Indian investment due to Brexit factor
UK no longer preferred market for Indian investment due to Brexit factor
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

New Delhi sources stated that as per the survey by legal and consulting firm Baker & McKenzie, Indian business leaders are bullish on investments, but the UKis no longer a target country for them. Indian companies are finding South East Asia as a "new land of opportunity". Meanwhile the region has emerged as the most preferred investment destination, second only to the domestic market, for Indian businesses.



Ashok Lalwani, Global Head of Baker McKenzie's India Practice, said in a statement "We have seen transactions in sectors, including healthcare, insurance, consumer and industrial between Indian companies and their counterparts in markets like Malaysia, Indonesia and Thailand, where there seems to be a good strategic and cultural fit for these emerging Indian multinationals". He said "Intra-Asian deal sizes are still smaller than those in Western markets. We do expect more mega deals involving Indian companies in the US and Europe making headlines".

UK no longer preferred market for Indian investment due to Brexit factor

Moreover, markets like the US was number one destination for Indian companies looking for merger and acquisitions (M&As), while continental Europe rounded out the top four. He added "The strong run of deal making and international expansion that has emerged in India in recent years is set to continue".


UK no longer preferred market for Indian investment due to Brexit factor
5/ 5 - (1 votes)
Add To Favourite
More from author
Why Janasena MLA candidates warned Pawan Kalyan?
Free Indias first extremist was a Hindu referring to Godse: Kamal Hassan
Man unites with family via Facebook!
Doctor spreads AIDS across Pakistan!
Virat Kohli blasts a century!
Oxford check for Rahul Gandhi!
Exit polls in India have not always had best track record
Is India getting the leaders they deserve?
How Sivaji breaks silence on dispute of TV9 Ravi Prakash?
Know Donald Trump's plan for Immigration Policies
How 3 Govt Employees died on poll day in HP?
Will NDA form comfortably after Exit Polls Results?
PM Narendra Modi is on a spiritual break
Telangana Prisons department plans to open 20 petrol pumps
Why CM Chandrababu Naidu met Rahul Gandhi, Mayawati & Akhilesh Yadav?
Bye-polls held in Tamilnadu Assembly Constituencies
Amazon intensifies its competition with Uber Eats
Wondering who is this doppelganger of Yogi Adityanath?
Kamal Hassan says History shown all religions have their extremists
Why YSRCP & TRS held a meeting following invitation from Congress?
Will Telangana Prisons be closed?
World Cup Winner price money is mind-blowing
Bigg Boss Tamil season 3 to commence by June
Banjara Hills INOX penalized for selling water bottles at over price
Chennai girl kidnaps and beats boyfriend!
Engineering students caught smuggling drugs!
Sadhvi calls Godse a patriot!
Terrorists killed in Pulwama!
Why EC moved Karnataka HC for relief given to IAS Officer in PM Helicopter case?
Trump increases 12% of green cards for highly skilled professionals to 57%
31 private engineering colleges affiliated to Anna University managed to get a pass percentage of more than 60%
Jet Airways open to joint bid
Will Ravi Prakash & Sivaji be tough to prove that they are innocents in forgery case?
Will Mahaghatbandhan sow seeds of harmony between two Telugu states?
Is there a mystery in death of WWE Survivor Star Ashley Massaro?
15 BMC officials arrested at Mumbai Dance Bar raid
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.