India beckons and PIOs and NRIs (Overseas Indians) have been flocking to the motherland. In 2011, India topped the list of countries, even ahead of China, with inward remittances and investments and deposits from its Diaspora totaling a whopping US$ 58 billion. The lure of a good India growth story and the woes of recession in the West are driving this interest. But then, overseas Indians still lament the many problems faced with investments. The problems cannot be blamed just on Government of India`s bureaucracy, but also laws and cases of cheating etc. Wading through bureaucratic functioning, different laws & regulations and other potential nightmares, NRIs and PIOs are offered services, just like in the West, by India`s premiere institutions that can help safeguard interests and make the money grow. PIO TV talked to Navita Yadav, Chief Operating Officer of IL&FS Trust Company Ltd. (ILTC), an established institution that takes care of India`s top billionaires and business houses and even foreign institutions on the special services they offer for Overseas Indians.
India beckons and PIOs and NRIs (Overseas Indians) have been flocking to the motherland. In 2011, India topped the list of countries, even ahead of China, with inward remittances and investments and deposits from its Diaspora totaling a whopping US$ 58 billion. The lure of a good India growth story and the woes of recession in the West are driving this interest. But then, overseas Indians still lament the many problems faced with investments. The problems cannot be blamed just on Government of India`s bureaucracy, but also laws and cases of cheating etc. Wading through bureaucratic functioning, different laws & regulations and other potential nightmares, NRIs and PIOs are offered services, just like in the West, by India`s premiere institutions that can help safeguard interests and make the money grow. PIO TV talked to Navita Yadav, Chief Operating Officer of IL&FS Trust Company Ltd. (ILTC), an established institution that takes care of India`s top billionaires and business houses and even foreign institutions on the special services they offer for Overseas Indians.
