El Salvador woos Indian companies to invest; offers incentives


El Salvador woos Indian companies to invest; offers incentives

Citing ease of doing business, latin American nation El Salvador has asked Indian companies to invest there and take advantage of different tax benefits and incentives offered.

“We are looking to collaborate in solar energy. India is becoming one of the largest countries with lot of expertise in solar energy. We are trying to change our energy need by getting more renewable energy, mostly solar energy,” Ariel Andrade Galindo, Ambassador of El Salvador to India, told PTI in an interview Saturday.

He said Indian businessmen don’t yet know market opportunities in his country and the possibilities available there.

“That is something we should work. It is not only pharma, BPO and automobiles, there are lots of possibilities in each and every sector,” the Ambassador said. Read more

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