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India all set to become EBRD’s 69th member

Global Indian, UK Edition- April 2018
by Nandita Parshad
An interview with Nandita Parshad, Managing Director, Energy and Natural Resources, at London-headquartered European Bank for Reconstruction and Development (EBRD). The multilateral institution, set up in 1991 to promote private and entrepreneurial initiative in emerging Europe, recently approved India as its 69th member. As someone at the heart of this historic development, Parshad gives ‘India Global Business’ an insight.

What does India’s membership of EBRD signify?

It has been almost 26 years since India has been flirting with the idea of joining EBRD. What’s happened in the last five years or more is that we have started to see Indian companies coming into our region. We have been building relationships through our business development activities with a lot of Indian corporates. It has been a lot of those corporates who have been lobbying Delhi for this.