NRI Real Estate and Property Investment in India
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Prasar Bharti Divas Spawns NRI Investment in India
Wednesday, February 13, 2008

The sixth Prasar Bharti Divas held in January, earlier this year, has spawned a number of business meetings to attract NRI investments, ideas and technology in various Indian States. The list includes states like Punjab, Gujarat, Haryana, Maharashtra and Delhi.

The PBD acts as a great platform to fuel the on-going economic engine, which devours enormous investments. Already, many NRIs have gone back to transform and modernise their native villages with the latest technology and infrastructure, however, not evenly in all States. But this inflow of NRI investment does not date back to only yesterday - to the PBD.

But the last few years have witnessed enormous NRI Investment, the NRIs have come back in droves and spread their wings all over India and are pouring their capital, brains, technology and manpower into transforming and modernising Indian agriculture, food processing, real estate, telecoms, high tech, health care, pharmaceuticals, tourism, defence and even nuclear energy.

To be very precise, in the early 1990s, backed by the dismantling of the Regulations Raj, the pulling down of bureaucratic barriers, Nehruvian socialism, the liberalisation trend that led to the privatisation of massive State industries, the recognition of capitalism as the real engine of growth, closer government-and-entrepreneurs partnership in all domains, including education, health care, infrastructure - India has shot ahead into the golden age of entrepreneurship.

 

 

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