Many UK retailers are currently looking to get a foothold in India, including Marks & Spencer. It is envisaged that Amarjeet Singh, a tax partner in KPMG’s Indian practice, will advise clients looking to move the country, and also those Indian clients hoping to expand into the UK.
Singh will be with KPMG for two years, based in London. He has over 16 years’ experience in areas like real estate, retail and oil and gas.
He said: ‘India is a huge investment opportunity for Europe. Europe is India’s largest trading partner with just over 25% of our exports going to Europe and a similar percentage of our imports coming from there.’
KPMG’s head of tax Sue Bonney said: ‘There is massive demand from European clients for quality advice on the tax and regulatory environment around investing in India and vice versa. We look forward to benefiting from Amarjeet’s knowledge and expertise.’
For more go to kpmg.co.uk
