Dubai: NRI’s hope Proactive Union Govt will open new Investment opportunities
Media Release
Dubai, 18 May 2014: Sudhesh Giriyan, vice president and business head of Xpress Money said, ‘The newly-elected government promises to bring in confidence among the NRIs, increasing remittances in India. Remittances have emerged as a key driver of economic growth and financial stability in India. More than 27 million Indians work abroad and regularly send money back home to their families living in India,’ said Sudhesh.
‘We look forward to the new government which has elevated and boosted investor sentiments which is likely to create a positive impact on growth. These radical change drivers will encourage in opening the doors to corporate corridors between different countries,’ added Sudhesh.
The NRI’s in GCC countries express their sentiments that a proactive national government in India would boost the confidence of Indian expatriates which in-turn will lead to enhanced investment and remittance flows to India.