Why Portugal can be an attractive investment destination for Indians
Portugal offers a good business environment, and well-developed IT infrastructure. It takes around 46 minutes to set up a business there compared to 89 days in India
Prime Minister António Costa of Portugal will visit India between 7 and 11 January. The agenda has been drawn up, India’s Prime Minister and President will provide audience and a few memorandum of understanding (MoUs), which have already been negotiated and drafted, will be signed. This is par for the course for a State visit from a foreign leader. The exact areas of cooperation that is covered in the MoUs are currently unclear, but if one is pressed to venture a guess, it would probably deal with increasing trade relations, cooperation in security and defence, and finally, getting some investment commitments from Portugal into India.