India second big investor in London

The country accounts for 16 per cent of all new foreign investment.

    The US leads the list with a 31 per cent share. France was third with 7 per cent [AP]

    China, Japan and Canada with six per cent each followed.

     

    Global strategy

     

    Michael Charlton, Think London's Chief, said: "London does not have the same resonance in China, Russia or Brazil as it does in India." 

        

    Charlton warned against complacency, however, saying that "FDI companies are continually re-evaluating their presence here ... More than half review their global strategy every three to five years, and thirteen percent do so every year."

     

    Think London is the foreign direct investment agency for London. It provides free, confidential and comprehensive advice to help international business locate and expand in London.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Unification: Saladin and the Fall of Jerusalem

    Unification: Saladin and the Fall of Jerusalem

    We explore how Salah Ed-Din unified the Muslim states and recaptured the holy city of Jerusalem from the crusaders.