|
|
|
Home > Arts & Entertainment > Celebrities > Foreign Direct Investment in India – A Valuable Proposition
|
|
|
|
Foreign Direct Investment in India – A Valuable Proposition
|
The great Indian nation seems to have lapped up ‘foreign’ tag to every
economic activity. Foreign Direct Investment (FDI) is the latest catch
phrase in the big Indian dream.
There were times when the liberal economic policies – that were ushered
in the country for the first time in 1991 by the then finance minister
Dr. Manmohan Singh (the present day PM of India) – were opposed tooth
and nail by conservative and radical political parties of India. FDI
was always the focal point during the critical days of Indian economic
policy. But times have changed. The very political parties that opposed
FDI on the grounds of being ‘another indicator of western hegemony’
have incorporated it in their national manifesto.
For the starters, FDI refers to capital inflows from abroad that
invests in the production capacity of the economy. FDI is generally
preferred over other forms of external finance due to its non-debt
creating nature. Their returns depend upon the performance of the
projects. FDI also facilitates international trade and transfer of
skills and technology.
Investment in India has become a never before opportunity for the
foreign investors, not to forget – NRI India has opened up its markets
for FDI in virtually every sector except defence, atomic energy,
railway transport, and mining et al. The vast infrastructure sector is
waiting to be explored in terms of foreign investment, especially –
property investment. Electricity, road network, steel industry,
education, modernization of air transport, retail etc. are some of the
vital areas that present a plethora of opportunities to a foreign
investor.
The burgeoning IT industry of the country coupled with a massive
English speaking population promises an adequate return on investment.
The Non Resident Indians (NRIs) who went abroad for greener pastures
are returning to their roots with an improved business environment in
India. India has suddenly found itself as a potential world leader with
even countries like US recognizing its potential in negotiating an
exceptional nuclear deal.
India is a proverbial Garden of Eden waiting for its Adam and Eve in the form of foreign investors |
|
|
Please Rate this Article
|
|
|
|
|
|
|
|
|