Firms told to work with India

THE chairman of Edinburgh-based insurer Standard Life has told firms in the Capital that they must take advantage of the growth of India.

Speaking at a meeting of Scottish Financial Enterprise (SFE) in Edinburgh, Gerry Grimstone said the growth of the Indian economy and population can be important to Scottish firms.

Mr Grimstone, an "India champion" for SFE, said: "Although the financial crisis has affected every country in the world, anyone travelling to India today cannot but be struck by the self-confidence that is present almost everywhere."

Owen Kelly, chief executive of SFE, said: "India is a market of growth for companies in Scotland, and it was great to have Gerry Grimstone talking to our members about developing business in a way that is mutually beneficial to companies here and in India."