Indian companies sought for London Olympics
London: London's new mayor wants Indian companies to come over and help ensure the British capital delivers a "world class" Olympic games in 2012.
Conservative mayor Boris Johnson made his appeal Thursday as figures released by Think London - the city's foreign investment agency - showed a record number of Indian firms invested in London last year, making the British capital a key centre for Indian companies looking to expand globally.
"Think London plays a crucial role in courting the interest of Indian companies and with the 2012 Games fast approaching the interest and support of these companies will be vital in ensuring London delivers a world class event," Johnson told a large number of international investors at a reception in central London.
With a clear eye on Indian investors, Johnson also claimed London was a far more attractive investment destination than New York, having attracted 52 billion pounds of foreign investment last year compared to 25 billion pounds that went to its American rival.
Think London executives told IANS Johnson, elected in May, has a strong interest in India but is unlikely to visit the country immediately because his predecessor Ken Livingstone undertook a major visit as recently as in November last year.
The 2007-08 financial year saw India reinforce its position as the second largest investor in London after the United States, creating 825 jobs, accounting for 13 percent of the total 6,152 number of jobs created.
Write a comment now!
IANS
Today’s top news
Busy fathers less involved in children's upbringing: survey
Increasing pressure at the work place is forcing fathers to spend lesser time with their children, leaving the mothers to juggle office and household work and also bring ...
Shah Rukh brings Priyadarshan, Deepika Padukone together
Deepika Padukone was supposed to make her debut with a Priyadarshan film but she chose Farah Khan's 'Om Shanti Om' instead. Now, three years later, the actress is making ...
U.S. sprinter Marion Jones released from prison
Disgraced U.S. sprinter Marion Jones has finally been released from prison after completing a six-month term behind bars for lying to federal investigators over steroid u...
'Rock On' cast condemns ban on live music in Bangalore
Farhan Akhtar and other cast members of the hit movie 'Rock On', the first Hindi film on rock music, Thursday described as shocking the recent ban on live music and dance...
Sanjay Dutt can shoot abroad till Nov 15: apex court
The Supreme Court Friday granted Bollywood actor Sanjay Dutt - convicted in connection with the 1993 Mumbai blasts - an additional one-and-a-half months to complete film ...
Punishment to Nanda not sufficient, says victim's family
The five-year jail term slapped on Sanjeev Nanda by a court here Friday was greeted with scepticism and a touch of indifference by the family of Peru Lal, one of the six ...
Tourism ministry to promote adventure tourism
The tourism ministry is planning to lay stress on adventure tourism in a major way, especially hot air ballooning and mountain biking.
Rajyavardhan Singh Rathore walks the ramp
Indian silver medallist at that 2004 Olympics, shooter Rajyavardhan Singh Rathore, couldn't repeat his performance at the Beijing Olympics this year; but he is still a fa...
Get ready for your designer dog
If you want a dog with specific looks, coat, colour, size and behavioural traits, then science and breeding could design one for you.
Activists urge India to amend law against gays
Over 120 rights groups, including those championing gay rights, have written an open letter to India's law ministry saying consenting sexual acts between adults should no...

