Global Investment and
Acquisitions Forum 2016 held under joint aegis of PHD Chamber of Commerce and
Industry, Corporate Catalyst India Pvt. Ltd. and M&A Worldwide, has
forecast that with GST and Bankruptcy Laws in place, prospects for mergers and
acquisitions both inbound and outbound would grow proportionately in India.
The Forum also felt that
India is no longer experimental zone for multi nationals for their operations
as it has evolved so much in the last couple of years that global giants have
strategies for setting up of their operations in India because of its emerging
potentials which promise higher returns on investments.
The unanimous view of
the forum was that multi nationals and global giants that would earlier set up
representative offices and liaison channels in India as part of their strategy
to open up offices in India have moved on to a next phase as per which their strategies
are to launch their corporations and begin business with their counterparts in
joint venture sector.
This change has come
after the new government has come to power with Prime Minister Narendra Modi at
the helm of affairs. This view was expressed
here today by mergers and acquisitions experts such as Chairman, M&A
Worldwide, Bjorn Voigt; Director, Corporate Catalyst India, Mr. Ajay Sethi;
Chairman, International Affairs Committee for Europe, PHD Chamber, Mr. Mohit
Jain and its Secretary General, Mr. Saurabh Sanyal and Director, Mr. Yogesh
Srivastav.
The Forum was presided
over by the National Spokesperson of BJP Mr. Nalin Kohli who spoke about all
the schemes of economic policies including demonetization and its benefits on
M&A.
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