Ford has announced a £24 million investment programme at its high-tech Bridgend engine plant in Wales to produce a new fuel-efficient 1.5-litre EcoBoost petrol engine.
Underlining that the country's economy is passing through difficult times, Prime Minister Manmohan Singh April 21 stressed the need for increasing investment across sectors and creation of an enterprise and investment-friendly climate.
India's economic scenario before 1991 was guided by a conservative mindset, planning and low growth.
Preliminary figures reveal that commercial property investment volumes in the City sector in London reached £9.2 billion in 2012, boosted by overseas buyers.
Global economy will go through a very rough time in the next two years and it is time for India to invest in infrastructure and soft sides of development, World Bank chief economist Kaushik Basu said today.
India is open to further reforms to lure overseas investors into its airlines, a government source said, after a dearth of interest following changes to investment rules left Kingfisher (NSI:KFA.NS - News) and others still short of much-needed funds.
Beijing would invest 100 billion yuan (about GBP 10 billion) over building more subways, as it aims to expand the total length of its subway networks to 660km by 2012 end, the city's vice mayor Chen Gang has said.
The lacklustre economic conditions continued to feed through into the property sector, albeit that the impact was mainly felt outside London, as the capital seems to be enjoying greater immunity from the effects of the recession, according to analysts.