Editors Note

This time last year we spoke of a “New Dawn” and what a Narendra Modi led government could mean for the India-UK relationship.Fast-forward to 2015 and that sense of optimism has given way to enthusiasm. In the words of the Indian Finance Minister, Arun Jaitley, who is featured in our central Face-To-Face Interview [Page 20-21]: “There's a huge amount of enthusiasm about India. People are looking for areas to invest in India. India is back on the radar of investors, we had fallen off from there earlier.”It is in that spirit of all-round economic bounce that we arrive at our second Global Wealth Management Conclave in London. A lot has changed and many more reforms are in the pipeline. Retrospective taxation, which was the topmost concern for the international investor community, has been consigned to the annals of history as the last few old cases are being run through the legal mill.This edition of the 'India Investment Journal' captures the mood on the ground. From the continued 'Dynamism of Family Business' [Page 18-19] to a tracker on Indian property investments [Page 32], there is a broad range of expert views to choose from. We also have a rare interview with the doyen of Indian industry and the man credited with the first major chapters in India's globalisation story, Tata Group Emeritus Chairman Ratan Tata. He too backed the new “Make In India” spirit.From an India-UK perspective, the tables are somewhat turned this year - as it is the UK that is batting on a slightly uncertain wicket as it prepares for its General Election on May 7. The Conservative-led coalition government has so far pulled out all the stops to stress on the importance of the bilateral relationship.While the outcome of the elections will certainly define the future course of these so-called “deep ties”, there is unlikely to be much change in the natural affinity that already exists between the two countries.The UK can play a crucial role in India's dynamic new entrepreneurial drive - be it Digital India, Make In India or Smart Cities. But it is important that nothing is taken for granted.

Aditi Khanna is the Senior Editor of India Inc. The above article was published in India Inc′s print edition of the India Investment Journal launched in April 2015 in conjunction with the Global Wealth Management Conclave 2015.