UK trade minister invites Indian realtors to invest more
A British minister today called on the Indian real estate sector to continue investing in the UK market, saying the two countries should further advance their mutually beneficial relationship.
Addressing some of India’s leading realtors and developers at the House of Lords in London, Minister of State for International Trade Greg Hands praised the industry s “fantastic track record” of investments in the UK.
“I am delighted to meet India’s leading real estate developers, who are a testament to the fantastic track record of Indian investment in the UK. The UK is committed to ensuring that, as one of the fastest growing economies in the world, India has our full support to invest and succeed here,” Hands said.
“Through a series of strong investments, like from Mumbai-based Lodha group who are expanding their business in the UK, India remains one of the top five investors into our country, securing and safeguarding thousands of jobs. I look forward to joining with my Indian colleagues to further advance the mutually beneficial relationship between our two countries,” he said.
As many as 800 Indian delegates, including high net worth investors, are in the UK this week to explore investments in residential and infrastructure developments across the country as part of the annual international convention of the Confederation of Real Estate Developers Associations of India (CREDAI).