1 week ago

India Mulls Green Channel To Boost European UK Investments

India Mulls Green Channel To Boost European UK Investments
India Mulls 'Green Channel' To Facilitate European, UK Investments · timesnownews.com

India is thinking about creating a special “green channel” for European and UK investors.

This could make it easier for companies from those places to invest in India.

Jayant Krishna supports the idea.

He said India trades more with the European Union and United Kingdom together than with China or the United States.

He also said stronger trade relationships often bring more foreign investment.

The proposed channel could make business rules easier to manage.

It may also reduce delays caused by regulations.

The articles do not say when the channel will begin or exactly how it will work.

Key facts

Proposal
A “green channel” to facilitate European and UK investments in India.
Commentator
Jayant Krishna, former CEO of the National Skill Development Corporation and UK India Business Council senior fellow at the Center for Strategic and International Studies.
Trade comparison
Krishna said India’s combined trade with the European Union and United Kingdom is larger than its trade with China or the United States.
Expected effect
The channel could substantially improve ease of doing business.
Regulatory impact
Krishna said it could ease “regulatory cholesterol.”
Investment rationale
Krishna said higher trading volumes with countries tend to bring more foreign direct investment from them.

Quotes

Jayant Krishna

Former CEO of the National Skill Development Corporation and former Group CEO of the UK India Business Council

“Through the green channel, the ease of doing business would improve substantially and the regulatory cholesterol would get eased.”
timesnownews.com

Sources

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