India continues to offer a thriving environment for foreign investments. After economic liberalization began in 1991, the Government of India regularly eased foreign investment policies in order to encourage inflows and facilitate economic development of the country. Today, India is one of the fastest growing economies in the world with leading investors ranking India as the most attractive market.
Foreign companies and individuals are looking to invest in India because of easy policies and special incentives like certain tax exemptions. The country gives investors a plethora of compelling reasons to invest in India.
India’s enormous population is no secret. The country is expected to have the world’s largest youth population by 2020. India is home to the third largest group of scientists and technicians in the world. With a large young population, high levels of education, skilled workforce and a strong work ethic, India is set to become a global player.
India’s domestic consumption, led by the private sector has played a significant role in the country’s growth. An emerging middle class and more people entering the workforce is the biggest driver of the increasing consumption in India. Private consumption is said to become four times by 2025.
The world’s 7th largest economy by nominal GDP with the third largest Purchasing Power Parity (PPP), India has emerged as an attractive destination for foreign investment. It successfully survived the global downturn of 2008-09 and has maintained a steady growth rate over the years. A stable economy has resulted in foreign investors to invest in India.
The country offers abundant investment opportunities across different sectors. From consumer goods to infrastructure and IT to agriculture, India has substantial room for economic development. It is a good time to invest in India.
The government of India has been very accommodating when it comes to foreign investments. New economic reforms and amendments to foreign investment policies have alleviated the FDI trajectory. To make India more investor-friendly, the government has undertaken reforms and simplified investing conditions to encourage foreign investment in different sectors. As of February 2019, the government of India was actively working on a plan to achieve its goal of US $100 billion worth of FDI inflows to invest in India.
Taking a step towards progress, more than $1.5 tn investments have been planned for infrastructure in the next two decades. The next three decades will witness more than 350 mn Indians moving into cities. The Government of India has mapped infrastructure initiatives across different sectors, from railways to highways and industrial corridors to smart cities.