India is among one of the fasted growing economy in the world and Foreign Direct Investment (FDI) by overseas companies have contributed a lot in this growth by bringing investment, technology and generation of employment for the country and on another hand have gained by generating profits for them taking advantage of India’s mass consumer market, relatively lower manpower cost, availability of abundant land, special investment privileges like capital subsidies and tax exemptions, etc. and more importantly a business friendly Government policies due to which the FDI in the country has almost doubled to USD 49.98 Bn in the year 2019-20 as compared to USD 25.06 Bn in the year 2009-10.
India with the recent policy changes including that for land allocation and labor laws and thrust on its Mega “Make in India” movement offers a perfect FDI value proposition in terms of robust economy, infrastructure, overall flexible government policies and business ecosystem.
As per the IBEF report, India is going to be the most attractive emerging market for global partners (GP) investment for the coming 12 months, The government of India is aiming to achieve US$ 100 billion worth of FDI inflow in the next two years.
