Replied by VIF :The Government of India has put in place a investor-friendly policy given its importance for economic growth and development. It has opened up most sectors for 100% FDI except for a limited list. At present India has investments worth $15059 mn having facilitated 518 investment proposals and there are $ 923180 mn investments in the pipeline.

As is widely known PM Modi has been urging foreign investments into India, especially during his overseas travel and has accordingly initiated an enabling environment for the same. Thus greater attention has been accorded to establishing transparent policies, rule of law and providing a level playing field for all investors. India’s focus is to grow and strengthen itself and provide equitably for all its citizens. It has been ranked among the top 10 attractive destinations for inbound investments. Its growth trajectory is not about weakening any other and in the words of PM Modi “ I invite each one of you to become a partner in India’s growth story.’

Posted on August 14, 2018

Topics: Trade War