Of 122 projects approved between 2018 & 2023 with proposed investment of Rs 4.29 lakh crore, only 38 implemented. Delays in clearances, corruption & land issues continue to pose challenges.
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.
Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.
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.
With China's neighbours offering global firms incentives to pull out of the 'factory of the world', India must swiftly integrate with East Asia to emerge as a legitimate alternative.
Govt is looking at ‘speeding up’ small proposals — particularly in manufacturing sector — while big-ticket investment plans, including those in sensitive sectors, remain on hold.
FDI cap for digital news media is 26%. I&B ministry notice comes days after it brought such sites & platforms like Netflix & Hotstar under its jurisdiction.
Speaking at the US-India Business Council’s virtual India Ideas Summit, PM Modi also said India offers a perfect combination of openness, opportunities and options.
Order issued by railway ministry says Project Development Cell will, among other things, identify issues that need to be resolved to attract investments.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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