| Re: Is India investment-friendly? -
February 11th, 2008
There are two aspects to talk here.Is India able to attract new investment? Is India able to retain the current investment?
I think the answer for both questions are YES.Even though India was not able to attract big scale investments but it is slowly marching towards that path.Policies are being tailor-made to suit the needs of industries in the form of tax holidays and reduction in Taxes.Even increase in FDI in some of the sectors are being considered.But the best thing is India is able to retain industries in recent times.So on the retaining path it is progressing fairly.I could say with the policies put in place India will be on the global manufacturing map in the future.
The India is absolutely investor friendly with the large scale of domestic consumption and there is lot of market "at the bottom of the pyramid".
-Deepak. |