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03-May2018

Foreign investors must develop state specific strategy for investments in India: Rajiv Kumar

Niti Aayog Vice Chairman Rajiv Kumar has said that foreign investors should develop state specific strategy for investments in India as it is diverse and offer many types of investment opportunities. He also said that impediments in bringing British universities in India should be addressed.

Kumar said “Just as you can't have single strategy for Europe, so you can't have one strategy for India. You should have state specific strategies. Koreans have focused on one or two states in India and they have succeeded.” He also emphasised that both India and the United Kingdom (UK) need to make more efforts in strengthening their relationship.

Advising investors from both countries to look at Sunrise industries, Niti Aayog's Vice Chairman said that a whole startup ecosystem has come up in India, so UK should set up technological hub in India. Besides, he noted that India is the third largest investor in the UK and for all purpose the UK is the second largest investor in India. 


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