Lucknow-based Rel-Integral Corporate Consultants has tied-up with M/s M2S Negócios Ltd, a consultancy firm from Brazil, to provide corporate and legal advisory services to Brazilian investors.
The collaboration is aimed at facilitating inward and outward investment between India and Brazil.
Rel-Integral has offices at Lucknow, Delhi, Pune, Jaipur in India and an international representative office at London while the Brazilian firm has offices at Sao Paulo and Belo Horizonte.
Foreign direct investment (FDI) from Brazil to India rose by 56 per cent to 2.53 billion dollars in November 2011. The two nations also have a high GDP growth rate along with China in the developing world.
The cumulative flow of 22.83 billion dollars during April-November 2011 crossed inflow of 19.43 billion dollars during full 2010-11 fiscal.
“This reflects potency of investment in India from Brazilian investors,” company’s head of India operations Rupendra Porwal said here.
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He said Uttar Pradesh could attract investment and technical know how from Brazil in the fields of agriculture, food processing and bio fuel.
“Rel-Integral will facilitate Indian investment in Brazil in the areas of mines and minerals, food processing, sugar and bio fuel, chemical and machinery and most of the investment from Brazil to India shall come in the fields of automobile, computer software, business processing outsourcing, heavy engineering, travel and tourism,” he informed.