UK based companies keen to invest in North East: British Deputy High Commissioner

Guwahati, Nov 16 (UNI) UK based companies are actively exploring avenues for investment in sectors like agriculture and tourism in the North East India which promises high return on investments, Bruce Bucknell, the British Deputy High Commissioner Kolkata said.

The British Deputy High Commission Kolkata hosted a networking event for select group of UK and Northeast based companies at Vivanta by Taj here said that investments in top tier cities of India like Bangalore, Hyderabad are not fetching high returns due to multiple reasons whereas north eastern states offers opportunities for British companies to get maximum returns on their investments,
as the market here has still remained unexplored.

Talking to a select media group, Mr Bruce exuded confidence that the investments from United Kingdom in the region which was minimal till date but as North East rides a growth trajectory it will increase manifold in near future.

Mr Bruce represents the UK in the 13 Indian states of West Bengal, Bihar,Jharkhand, Odisha, Chhattisgarh, Assam, Sikkim, Meghalaya, Manipur, Mizoram, Tripura, Nagaland, Arunachal Pradesh and the Union Territory of Andaman and Nicobar Islands.

During the event, CDE, an UK based company involved in wet processing equipment, launched an eco-friendly, variety of sand for the construction sector, which will help reduce dependence on river sand mining.

The Insides Speak.