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