Lord Mayor of London to arrive in Delhi tomorrow

New Delhi, Oct 21 (ANI): The Lord Mayor of the City of London, Ian Luder, will arrive in New Delhi tomorrow along with a business delegation.

The Lord Mayor is arriving here to conclude his week-long visit to India. Earlier this week, he visited Hyderabad and Mumbai.

During his two-day visit, the Lord Mayor will meet Indian ministers and business leaders.

His discussions will focus on increased collaboration in areas such as insurance, banking and legal services. He will also discuss the benefits financial services can bring to all sectors of society and share his views on how global co-operation on regulatory reform can best be harnessed to ensure future growth.

The delegation will also share UK expertise on the corporate debt market and in the area of infrastructure finance. India has set a target of 500 billion dollars in infrastructure investment.

The Lord Mayor is keen to see how UK capital, public-private partnerships (PPP) and carbon-emissions trading expertise can contribute to India's infrastructure development.

The business delegation includes senior representatives of all the major financial services sectors: banking, insurance, legal services and accountancy.

"Delhi is crucial to India's expansion as a global economic powerhouse. I look forward to sharing views on how the City of London and the UK can help India build its future as a leading economy of the 21st century," said Luder.

"The City of London is a dynamic place to do business and the current crisis can be seen as an opportunity to develop partnerships to foster future economic growth," Luder added. (ANI)