Do you think india's fdi policy has been encourage for foreign investors? Give your arguments and discuss the policy
Answers
FDI means Foreign Direct Investment, it means the sources from other countries invest their amount in our country in various services like Hospitality, Telecom industry, Agriculture Industry, some government sectors also.
Yes, I agree with India's FDI policy. Indian has given permission to other countries, let's come and invest in our country. It is giving better results in each sector.
Foreign countries companies like Walmart and other companies are investing in retail sector at a large scale.
India has opened up its economy to a large extent now. FDI means foreign direct investment. When a company based in a foreign country invests in another country, it is called FDI. FDI is done by building manufacturing plants, buying stakes in the companies of India, opening of foreign banks in India and in many other ways.India's FDI policies have certainly increased foreign investors in India. The recent opening of Xiomi manufacturing facility in India, Bharat Benz and a lot other manufacturing plants are the examples. Walmart entering India is the most popular example.Even the computers chips will be manufactured in India very soon. This is very good for the Indian economy as FDI increases employment and brings in new technology in our country.
In some sectors such as agriculture, 100% FDI is allowed. In 2018, India surpassed China in FDI. India got deals worth $38 billion and received only $ 32 billion deals.
So yes, we can clearly see that India's FDI policy has clearly encouraged foreign investments in India.