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ARTICLE · 24 SEPTEMBER 2014

Guernsey’s Nerine Sees A Bright Future In A Renewed India

"Indians want to invest in India again. Six months ago most Indians in a position to do so wanted to shift their money out of India because of the economic and political uncertainty.

GuernseyWealth Management

Guernsey-headquartered Nerine Group, the only independent trust company with an office in India, believes the sub-continent is on the brink of an economic boom following the results of the election in May and a renewed sense of investment optimism now sweeping the country.

Nerine, which has offices in Guernsey, the British Virgin Islands, Geneva and Hong Kong, invested in India three years ago, setting up Nerine Advisory Services India Pvt Limited and Nerine Trustee Company Pvt Limited, to offer a comprehensive range of advisory and trustee services to families in India.

Nerine India Managing Director Pranav Khanna said Nerine's foresight had yielded a strong performance and he believed this would be dwarfed by the economic activity expected under the new government. Mr. Modi's pro-reform Bharatiya Janata Party (BJP) won a historic mandate in the country's general election in May emerging with 282 of 543 parliamentary seats to form a government without having to

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