India-Luxembourg - A spicy route to Europe | Brochure
Notwithstanding the current worldwide slowdown, with an expected GBP growth of 6 % for 2009, the Indian performance is still impressive, and offers significant opportunities for international exchanges, for both inbound and outbound investments.
In this context, both India and the European Union have great opportunities for successful collaboration. While Indian investors are looking forward to international expansion, with access to wide markets and advanced technologies, European mature economies also have much to gain from India’s demographic advantage, manufacturing force and emerging domestic markets.
In the heart of Europe, Luxembourg is an ideal location for Indian investors to establish a permanent base in the old continent. With its political and economic stability, multicultural and highly qualified workforce, strong legal environment and attractive tax framework, Luxembourg is an efficient platform for companies looking to enter the European 500 million consumers market and for groups searching for a logistics, finance or IT hub for their worldwide operations.
Luxembourg and India also have a lot in common ; the steel sector is a tremendous example of historically grounded complementarities, and the recent development of dynamic sectors in both countries offers new opportunities of close relationships, especially in the financial, automotive, information technology, media, healthcare and environmental technologies fields.
Both India and Luxembourg believe in globalisation, free trade, exchange of goods and services, investment in education and research. Both countries are business-oriented, and open to welcome foreign companies and investments in order to promote a dynamic and sustainable growth.
As from 2010, the new double tax treaty will be a booster for bilateral economic relations, providing a support to stimulate exchanges of capital, goods, services, technology and people between our two countries.
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