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Eversheds has snared Denton Wilde Sapte’s (DWS) head of its India group as part of its strategy to expand further into the Indian market.
Gauri Advani, who was head of the DWS India group since 2003, will take a leading role in Eversheds ten-lawyer India team.
Chair of the Eversheds' India group, Parmjit Singh, commented: “The Indian market is extremely buoyant at the moment with investment in the country but also with Indian companies such as Tata investing in other jurisdictions. We see the momentum coming from the India group as very important. Having someone with Gauri’s experience will be fantastic for us.”
Eversheds' dedicated India team was set up 18 months ago and has since worked on some key deals including financing for some of the Indian bank, ICICI’s transactions.
Singh said that expanding the work it does in India and with India companies around the world is a key a strategic goal for the firm.
“We are keen to gain experience in retail, energy and infrastructure for example. We feel that Gauri can really help us achieve this,” he told The Lawyer.
Earlier this year, Singh and the firm’s head of international, Alan Jenkins travelled to India to visit clients and further develop its India strategy.
Singh said: “The economic boom and legal deregulation make India a very exciting jurisdiction. We as a firm need to concentrate on this and develop the way we work in this area.”