Question

what are the steps to attract foreign investments

Answer 1

↵The steps taken to attract foreign investment are:
• Allowing the foreign companies as tax free for the first five years in the industrial zones.
• Industrial zones called SEZs(Special Economic Zones) are set up with world class facilities.
• Allowing flexibility in labour laws.
Hope it helps..

Answer 2

The following are the measures to bring foreign investments:

1. The creation of Special Economic Zones to have high-class conveniences such as affordable electric-ity, highways, transportation, accommodation, etc.

2. The firms found their offices in SEZs that are spared to pay tax for the first five years.

3. The laws related to labor can be made flexible

4. Companies use to hire workers flexibly for a short period of time during high pressure of work.