mehboobkz
SENIOR MEMBER
- Joined
- Aug 27, 2010
- Messages
- 2,462
- Reaction score
- -6
- Country
- Location
United Nations Conference on Trade and Developments (UNCTAD) World Investment Report, 2010 estimates India to become the second most attractive destination for FDI in 2010-12. The projection made in the report is based on the survey conducted among Trans National Corporations (TNCs).
Government has put in place an investor-friendly policy on FDI, under which FDI, up to 100%, is permitted on the automatic route, in most sectors/activities. This policy is reviewed, on an ongoing basis, through a consultative process and significant changes have been made in the policy regime, in recent times, to ensure that India remains increasingly attractive and investor-friendly.
The Government plays an active role in promotion of investment, through dissemination of information on the investment climate and opportunities in India and by advising prospective investors about investment policies and procedures and opportunities. A number of joint commissions and joint working groups have been set up to promote industrial, technical and scientific cooperation with select countries. The Government has also set up CEOs /Business Leaders Fora with some countries, for active business-to-business cooperation and for developing a road map for partnership and industrial cooperation. It also coordinates with apex industry associations in their activities relating to promotion of industrial cooperation, intended to stimulate flow of foreign direct investment into India.
Government has put in place an investor-friendly policy on FDI, under which FDI, up to 100%, is permitted on the automatic route, in most sectors/activities. This policy is reviewed, on an ongoing basis, through a consultative process and significant changes have been made in the policy regime, in recent times, to ensure that India remains increasingly attractive and investor-friendly.
The Government plays an active role in promotion of investment, through dissemination of information on the investment climate and opportunities in India and by advising prospective investors about investment policies and procedures and opportunities. A number of joint commissions and joint working groups have been set up to promote industrial, technical and scientific cooperation with select countries. The Government has also set up CEOs /Business Leaders Fora with some countries, for active business-to-business cooperation and for developing a road map for partnership and industrial cooperation. It also coordinates with apex industry associations in their activities relating to promotion of industrial cooperation, intended to stimulate flow of foreign direct investment into India.
