Apply For FDI


Fraud Warning Disclaimer : FDI India warns you against certain individuals that might falsely present themselves as our affiliate agents, representatives, or employees. Under this false pretence, they might try to gain access to your personal information or to acquire money as Consultation fee or any other form or other valuables from you by offering fictitious employment opportunities or by claiming that they are contacting you on our behalf. Don’t fall prey into the fraudulent misrepresentation. Such fraudulent claims and offers are received generally via email, text message, phone, or internet, etc.

FDI India would like to bring to your notice that our authorized official Email ID is, . FDI India shall not be liable for any claims, damage, or loss of any kind inflicted by any other unauthorized entity. Be very mindful of such scams.
Legal : We own all the information, images, text, logo, and other content provided by us. The use of information is strictly prohibited without our consent. We hold the right to take a legal action against any individual or organization violating or using our site information.
Become A Partner Apply For FDI
Fdi India news

Explore FDI in Non-Banking Sectors for more Support to MSMEs: Nitin Gadkari

    6 June , 2020         Fdiindia

Explore FDI in Non-Banking Sectors for more Support to MSMEs: Nitin Gadkari

On Thursday, Union minister Nitin Gadkari said that foreign direct investment (FDI) should be explored in the NBFC sector, which in return will prove to be a huge support to micro, small and medium enterprises (MSMEs).

The leader said that strengthening of non-banking lenders or NBFCs, state cooperative banks, district cooperative banks, credit societies, etc is essential during trying times like this. In order to further strengthen non-banking financial companies (NBFCs), foreign direct investment can be explored in them, which will result in greater support to MSMEs.

According to Gadkari, a credit rating mechanism can be devised for NBFCs also to support them adding that a possibility needs to be explored to get some foreign investment in the NBFC space.  He said in a situation where an NBFC has a good credit rating, it can be a good thing if such a company can also attract foreign investment but a criteria needs to be fixed for this purpose.

Regarding request for extension of interest subvention scheme for MSMEs, which was in place until March 31, 2020, Gadkari said: "We have already recommended to the Finance Ministry for giving extension to this scheme. I am trying my level best to get it approved... If I get it, definitely we will continue this scheme".

Gadkari emphasised that the need of the hour is combat the deadly COVID-19 outbreak along with continuing economic activities.

Retreating Prime Minister Narendra Modi’s words, he said that the pandemic can be a blessing in disguise, and we need to utilise this opportunity.

He also said that the focus should be on reducing imports from other countries.