European countries to be next key investment source for India

NEW DELHI: European countries are expected to be key investors in India in the coming years with investments in diverse sectors, including automobile and FMCG, according to HR experts.

"The next investment push in India will be from Europe. Europe will be the key investor post recession in India that's why it was chosen main theme for the assembly this year," INAC Executive Search Worldwide President Remy Rodenhuis said today.

Madrid-based INAC, a formal network of independent companies, held its first Global Assembly in India in order to further strengthen its presence in the country and support its European client.

Another leading expert, Pitamber Pant, Executive Director at AryanHR Consulting and Member Partner INAC said, "Even during the recession, investments from Europe have come in all the sectors including engineering, automobile and FMCG."

The three-day conference, which ended today was attended by one of noted Indian Management experts M B Athreya and Emeritus AryanHR Consulting Chairman P K Sarangi among others, discussed the latest Human Resource (HR) issues pertaining to the host country and the world.

"In India, to be very frank we are yet to make other functions in the organisation realise the importance of HR function and having a fully fledged Human Resource department.

The HR professionals have to take the initiative to establish themselves as core business professionals and make the other departments realise the importance of HR function," Sarangi said.