Investors express positive sentiment on India: High Commissioner to Singapore

SINGAPORE: India is witnessing positive sentiments including renewed interests from foreign investors backed by more than 25 million Indian diaspora committed to the country, India's envoy here has said.

"The investors' sentiments on India are positive. We look at the Indian diaspora as playing a very important part in our country's growth," Indian High Commissioner to Singapore, Vijay Thakur Singh, said at the launch of a book on Indian socio-economy last night.

"India is going in the right direction. India is going to play a very important role in the global economy," Singh said after launching the book "What's up! What's Down! Essays on Indian Socio-Economy".

The book, co-authored by Singapore-based journalists Gurdip Singh and Sameer Mohindru, documents international investors' sentiment on Indian economy.

"We have already prepared a multi-year, 10-year, 15-year and 20-year view on our business direction (in India)," Piyush Gupta, chief executive of Singapore's DBS Bank group writes in the book.

"If you take the long-term view of India, the opportunity is too big and too immense to ignore," stressed Gupta, underlining DBS's commitment to the Indian market.