Trade, investment scope to grow in India with policy changes

By: |
New Dehi | Updated: August 7, 2016 4:33:26 PM

Trade and investment opportunities will only grow in India with recent changes in government policies, the World Trade Centers Association (WTCA) today said.

WTCA CEO Scott Ferguson is gung-ho particularly about the legislation for the real estate sector. (wtc a.org)WTCA CEO Scott Ferguson is gung-ho particularly about the legislation for the real estate sector. (wtc a.org)

Trade and investment opportunities will only grow in India with recent changes in government policies, the World Trade Centers Association (WTCA) today said.

WTCA CEO Scott Ferguson is gung-ho particularly about the legislation for the real estate sector.

“Real estate globally is seen as a key driver of economic growth and needs to be seen as (something) beyond an asset class,” a statement quoted Ferguson as saying.

“I congratulate WTC Noida on becoming the first operational facility in North India, delivering its first two towers which are completely leased and hope to see great results for the next phase as well. Viridian group is our main partner in India,” Ferguson said.

Addressing the business community, he said: “By being a business member/tenant/client here at WTC Noida facility, one gains access to introductions and connections in cities around the world.

The facility acts as a gateway for local business and provides them services through hub and spoke model of connected complexes.”

Scott Wang, Vice-President, Asia Pacific, WTCA, said India is the fastest growing market for World Trade Centres as the number of WTCs in India has risen from mere 5 in 2011 to 26 in 2016.

The World Trade Center’s Association stimulates trade and investment opportunities for commercial property developers, economic development agencies, and businesses looking to connect globally and prosper locally.

Do you know What is Repo Linked Lending Rate (RLLR), Wholesale Price Index (WPI), Public Debt, Finance Commission Grants & Other Transfers, Economic Survey? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.