Foreign-Investments
The road ahead of opportunities in FDI in India
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- As per the World Bank report, The ease of doing business in India improved after a series of reforms have made it easier for companies to get construction permits, pay taxes and cross border trading
- India jumped 23 spots from a year ago to 77 out of 190 countries on the ease of doing business ranking in Nov 2018
- It was also among the top 10 most improved economies, according to the “Doing Business 2019” report.
- There are two routes to FDI in India.
- First one is automatic:FDI is allowed without prior approval by Government or Reserve Bank of India
- Second one is Government:Prior approval by government is needed via this route.
- Key Sectors for foreign Investment in India: Infrastructure, Automotive, Pharmaceuticals, Services like banking, insurance, outsourcing, railways, chemical, textiles, airlines. Also other sectors like agriculture.
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