India - Important Next Two Months

[JEast]

In the next few months, leaders from the US, France, Russia and China will be visiting and to surely be signing big deals.  Of some interest is the potential discussions and change in the FDI limit.

 

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The US, on the other hand, could look at increased market access for insurance and retail, apart from the lucrative defence contracts. According to industry sources, there is also a lot of interest in defence jointe ventures and the US could seek an increase in the FDI limit from 26% to 49%.

 

"When President Obama lands in India and senses the excitement and buzz taking place in the world's largest free-market democracy, accompanied by the largest US trade and business delegation in US history, every boardroom in America will sit up and take notice, and ask: 'Why aren't we doing more in India?'

 

Cheers

JEast