Foreign businesses, especially airlines, engineering and construction firms, showed interest in starting operations in India in 2023-24 (FY24), Livemint.com reported on Thursday. As many as 59 foreign companies registered in India in FY24 compared to 50 the previous year, according to data from the Ministry of Corporate Affairs. Italia Transporto Aereo S.P.A. started business in India in June 2023. Uganda National Airlines Co Ltd reported setting up a place of business from 10 September of last year. Ltd., a Kathmandu-based company specialising in building airport runways, reported its operations in India in April 2023, the report added.

Source: Mint June 13, 2024 10:55 UTC