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


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