• Monday, August 08, 2022

Business

UK pushing for more investment in India, says British Deputy High Commissioner Bharat Joshi

By: Sarwar Alam

The UK is pushing for more investment opportunities in India, connecting entrepreneurs from both the countries, a senior UK diplomat said today (16). “We are trying to encourage investment rather than focusing on individual big deals,” British deputy high commissioner, Bharat Joshi told reporters. He was responding to a query on the impact of Walmart’s acquisition of online retailer Flipkart for $16 billion last week. Elaborating, he said: “To be honest, all those big deals do not require involvement of government participation. They happen between businesses.” “What we are trying to do is connect entrepreneurs in both directions,” he said.…

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