We were all shocked, upset and angered by the terrorist attacks in Mumbai in November last year. Sadly Mumbai has been no stranger to terrorism over the last decade, but as always, Mumbai and India will bounce back stronger than ever. There is no question that we are in the midst of an unprecedented global economic downturn. India is not immune to this. Compared to the Asian Crisis ten years ago India is far more integrated into the global economic system. Since India’s economic liberalization began in 1991, India has become an increasingly outward-looking

The India Business Group is part of PricewaterhouseCoopers growing focus on Emerging Markets. The group aims to provide advice and practical assistance to UK clients wishing to explore business opportunities in India and, to companies and individuals from India wishing to conduct business in the UK. We have the local experience and global network to help companies maximise opportunities and build success. Whether you are looking at new markets for the first time, or are already established in India and want to grow your business, we can provide practical advice and assistance.

As we head into the last quarter of the financial year we are witnessing a surge in India’s economic growth, a significant commitment to the climate change agenda and continued interest from UK companies to be part of the India story.

Firstly, I would like to take this opportunity to congratulate the Indian Congress Party on winning a clear mandate in the recent Indian elections. The entire process, characterised by excitement and vibrancy, also proved the strength of the Indian electorate in deciding the future direction of their country and in handing such a decisive mandate to Congress, have affirmed their preference for continuity.

Indore has a very price sensitive market, thus technological advancement should ultimately lead to cost benefits.

Regions adjoining Chandigarh are now buzzing with economic activity. Panchkula in Haryana, Mohali in Punjab and Chandigarh have integrated together to form Chandigarh’s own ‘tricity’.

Kochi is an important port for the South region. Its proximity to centres like Bangalore and Chennai enhances the geographical advantage it enjoys.