'Trade, investment scope to grow in India with policy changes'

Bs_logoImage
Press Trust of India New Delhi
Last Updated : Aug 07 2016 | 2:57 PM IST
Trade and investment opportunities will only grow in India with recent changes in government policies, the World Trade Centers Association (WTCA) today said.
WTCA CEO Scott Ferguson is gung-ho particularly about the legislation for the real estate sector.
"Real estate globally is seen as a key driver of economic growth and needs to be seen as (something) beyond an asset class," a statement quoted Ferguson as saying.
"I congratulate WTC Noida on becoming the first operational facility in North India, delivering its first two towers which are completely leased and hope to see great results for the next phase as well. Viridian group is our main partner in India," Ferguson said.
Addressing the business community, he said: "By being a business member/tenant/client here at WTC Noida facility, one gains access to introductions and connections in cities around the world. The facility acts as a gateway for local business and provides them services through hub and spoke model of connected complexes."
Scott Wang, Vice-President, Asia Pacific, WTCA, said India is the fastest growing market for World Trade Centres as the number of WTCs in India has risen from mere 5 in 2011 to 26 in 2016.
The World Trade Center's Association stimulates trade and investment opportunities for commercial property developers, economic development agencies, and businesses looking to connect globally and prosper locally.
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 07 2016 | 2:57 PM IST