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Oct 05, 2006 :: India is second big investor in UK

According to a report by Ernst & Young, India has emerged as the second largest foreign investor in UK, which remains the favourite European destination for overseas investors. For countries seeking to do business in Europe, Britain offers many advantages. India with 21 new projects, is second only to USA’s 145.

Seen in the light of noises made on jobs lost to India due to outsourcing, this ranking shows it is not a one way street. India seeking world markets, is investing its capital overseas creating new jobs there.  Report

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