Richard Dyson, the new president of the Institute of Chartered Accountants in England and Wales (ICAEW), has praised the "shared vision" of the ICAEW and the Institute of Chartered Accountants in India (ICAI). Dan Martin reports.
Dyson's comments came ahead of his attendance at a Confederation of Indian Industries conference in Chennai
He said India is currently experiencing exceptional economic growth with a strong demand for accountants. The Indian economy has grown at a rate of 7% over the last five years and is the second largest foreign investor in the UK after the USA and ahead of countries such as Canada, Germany and Japan.
There are also almost 100 domestically listed Indian companies with a market capitalisation exceeding $1bn, with 12 companies having a market capitalisation...