Jaitley Presents NRI Award To G.P. Hinduja

LONDON: Finance Minister Arun Jaitley has presented leading industrialist GP Hinduja with the inaugural NRI Foundation Award for achievements in the field of business.

The co-chairman of the Hinduja Group was honoured for establishing a global presence across 10 different sectors and his philanthropic work in Britain and India.

"The India-UK partnership is furthered by a very strong 1.5 million British Indian community, which has come into this land, adopted it as its own and probably will go down as one of the most extrovert communities anywhere in the world," Jaitley said at the awards ceremony here last night.

"The Diaspora is in a unique position. It has become a very powerful and dominant force in this country with the proud privilege of being both British and being Indian," he said.

The other NRI Foundation Award winners included the Asian Media and Marketing Group, publishers of the 'Garavi Gujarat' magazine, Lloyds Banking Group's Head of Responsible Business Kamel Hothi and the UK Government's Dealmaker for India Alpesh Patel.

The awards ceremony, hosted by UK energy minister Baroness Sandy Verma, concluded a day-long schedule of events for Jaitley aimed at promoting India as an attractive investment destination for UK businesses.

Addressing a gathering of international investors on 'Investment Opportunities in India', Jaitley stressed that the new government's priority was to improve the credibility of the Indian economy.

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