India aims to throw open doors wider to foreign investors
Link: The International Spectator - India aims to throw open doors wider to foreign investors
India aims to throw open its doors wider to overseas investors in coming weeks, a minister said Wednesday, as it seeks to spur a weak economy before the general election.
The government has already relaxed foreign direct investment (FDI) rules in such sectors as civil aviation, retail, telecommunications, defence and state-owned oil refineries as it tries to loosen the shackles on the still mainly inward-looking economy.
“The government will continue its endeavour for liberalising the FDI policy further in the coming weeks to ensure India retains its leadership position for attracting foreign investments,” Commerce Minister Anand Sharma said.
Article continued in above link.
Link: The International Spectator - India aims to throw open doors wider to foreign investors
India aims to throw open its doors wider to overseas investors in coming weeks, a minister said Wednesday, as it seeks to spur a weak economy before the general election.
The government has already relaxed foreign direct investment (FDI) rules in such sectors as civil aviation, retail, telecommunications, defence and state-owned oil refineries as it tries to loosen the shackles on the still mainly inward-looking economy.
“The government will continue its endeavour for liberalising the FDI policy further in the coming weeks to ensure India retains its leadership position for attracting foreign investments,” Commerce Minister Anand Sharma said.
Article continued in above link.
