Brutal terror raids threaten India’s economy

Taj Mahal Palace Hotel... from saner times
Creative Commons License photo credit: Chocolate Geek
More than 100 people are dead and hundreds have been injured after a series of terrorist attacks which have also cast a shadow over India’s commercial health.

Armed men stormed several key Mumbai tourist sites and hotels late on Wednesday and continued to hold hostages through Thursday.

The events come just 12 days before the Cityscape India property investment event in the city and have already led to the postponement of India’s final one-day cricket matches against England.

Organisers of Cityscape India released a statement expressing their condolences to the family and friends of those killed and injured.

Cityscape India said:

“Cityscape India would like to convey their deepest sympathy to the families and friends of those killed and injured during the terrorist attacks in Mumbai.

“These assaults have claimed many innocent victims. Our thoughts are also with those currently being held captive.

“We hope that they will all be released unharmed and we pray that there is no further loss of life.”

The statement did not mention whether or not planners expected the events to impact on the exhibition, to be held at the Bombay Exhibition Centre in Goregaon in Mumbai.

Islamist militants are thought to be behind the attacks, which saw the city’s Taj Mahal hotel among the targets.

Also affected was the Oberoi-Trident Hotel, popular with business visitors, plus a hospital, train station, Jewish centre and a cafe.

Mumbai Shoot Out – CNN Live

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  5. Gulf buyers to boost Indian real estate market

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