Global mid-size companies keen on strategic tie-ups with India

| Updated: Feb 16, 2017 18:06 IST

New Delhi [India], Feb.16 (ANI): An exclusive symposium organized by India Law Offices (ILO) and Confederation of Indian Industry (CII) witnessed over 100 companies from 20 countries exploring strategic partnerships with Indian companies. It was an interesting mix of developed as well as developing nations, discussing and exploring tie-ups with their Indian counterparts. The delegation saw participation from varied industry sectors viz., solar and hydro energy, dairy, construction equipment, agriculture and processed food, aviation, textile, automotive, IT and infrastructure, etc. keen on joint ventures and investment in the country. "An economy grows only when its small and mid market segment grows. With this initiative to fuel the Mid Market growth in India, we have organized today's symposium which has participation from more than 20 countries like Germany, Canada, Italy, Greece, Austria, New Zealand, Cyprus, China, Lithuania and Kazakhstan, etc", said Mr. Gautam Khurana, Managing Partner, India Law Offices (ILO). Having offices all over India and partner law firms in over 30 countries, the ILO is among India's leading corporate advisory law firm. Present on the occasion was Mr. Atul Chaturvedi, Additional Secretary, DIPP, Ministry of Commerce and Industry who apprised the gathering on FDI Policy of India and its future trends and expectations. Mr. Ajit Seth, Ex-Cabinet Secretary, addressed the gathering and shared how India has progressed over the years and how the country is striving to become one of the best economies in the years to come. "India has emerged as one of the most attractive destination not only for investment but also for doing business in the recent years. One of the fastest growing economies in the world which has not only sustained global downturn of 2008-09, India is slated to grow at consistently higher rates during next few decades", added Mr. Madhav B Shriram, Chairman - CII Delhi State, and Deputy Managing Director, DCM Shriram Industries Limited. The symposium was attended by over 120 Indian companies across the country.(ANI)