The government must find out what constrains Indian companies from exploring the domestic market for investment with the same zeal as they are showing with regard to outward FDI.
There are distinctions between gross and net flows, inflows and outflows, and new money and reinvestment of earnings. Each signifies a different aspect of the FDI story.
Government data shows MNCs have favourite states when it comes to where to invest. Auto companies especially look for specific advantages that some states have & concentrate on those.
As percentage of GDP, gross & net FDI are lowest since mid-2000s. ‘Rigidities’ in doing business here, and India’s decision to terminate bilateral treaties are to blame, analysts say.
Armenia has procured significant defence equipment from India, including artillery guns, multi-barrel rocket launchers, air defence system, sniper rifles, weapons locating radars, anti-drone weapons.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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