For years, EU has been the leading provider of foreign investment in India. But, still, they are present in just a few industries whereas many other sectors are still unexplored. Anil Chaturvedi has been working towards strengthening the cross-border investment by European companies in India. Ever since the new government has introduced new FDI laws, it has become easier for European countries not just to enjoy many other benefits. Anil Chaturvedi explains the different reasons why a company in Europe should no longer be afraid to expand their services to India as it has one of the most lucrative markets in the world.
According to Anil Chaturvedi, one of the top industries that could benefit European companies and Indians as well as the solar energy and the wind power companies based out of Europe. The demand for electricity will double in the next five years, and it will need as much support as it can get from foreign investment to meet the growing requirement. Since India has been exploring these options, they are the perfect investment opportunity for companies and will allow millions of people in India access to clean energy and also introduce new jobs for the youth in the country. Anil Chaturvedi works closely with public and private sector companies who are willing to invest in India so that he can answer any questions that they might have and also help them build a strategy for the same.
Anil Chaturvedi has done his Bachelor of Arts from Meerut University with Honors in Economics and has completed his MBA from the Delhi University. He joined State Bank of India, New York branch as a probationary officer. Later on, he joined ANZ Grindlays Bank, where he served for 18 years as the Country Head for US Operations. Currently, Anil Chaturvedi is working with Hinduja Bank, Switzerland, where he is trying to bring more and more European businesses to the Indian subcontinent. It is majorly due to the change in the trade and business laws under the new Indian government. The flexibility in the trade and economic laws that have been implemented in India would help the foreign businesses setting up their base in India much more comfortable.