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Summary about the new initiative: - Act as reference point for guiding foreign investors on all aspects of regulatory and policy issues and to assist them in o
by chdir 12y ago
Summary about the new initiative:
- Act as reference point for guiding foreign investors on all aspects of regulatory and policy issues and to assist them in obtaining regulatory clearances
- simplify and reduce the burden of compliance on investors
- Transform the economy from the services-driven growth model to labour-intensive manufacturing-driven growth.
- Aims to attract foreign companies to set up factories in India and invest in the country's infrastructure.
- The new government has liberalised defense manufacturing and insurance sectors to attract FDI, but analysts say the government needs to do much more to attract foreign capital.
- Sectors like automobiles, chemicals, IT, pharmaceuticals, textiles, ports, aviation, leather, tourism and hospitality, wellness, railways among others will provide details of growth drivers, investment opportunities, sector specific FDI and other policies and related agencies.
Source : http://profit.ndtv.com/news/cheat-sheet/article-pm-modis-make-in-india-campaign-10-things-to-know-670377 http://profit.ndtv.com/news/cheat-sheet/article-pm-modis-mak...