Quick Summary
Says India has one of the most facilitative FDI policies in the world Minister of Railways, Commerce Industry, Consumer Affairs and Food Public DistributionShri Piyush Goyal haswelcomed the Foreign investors to be a part of Indias growth story.Addressing the inaugural session of CIIs Partnership Summit 2020 through virtual means today, hewelcomed them with open arms, a red carpet and assured complete assistance, partnership involvement through your journey in this land of opportunities.
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FAQ :
He has invited foreign investors to be a part of India's growth story, assuring them of complete assistance and partnership.
FDI inflows have been continuously growing, with a 13% increase in the April-September period of this year, reaching $40 billion.
India offers attractive tax rates, including 22% for businesses and 15% for new manufacturing facilities established after October 2019.
India has introduced schemes like the Production-Linked Incentive Scheme, established investment promotion cells, and implemented conducive reforms.
India aims to achieve the target of becoming a $5 trillion economy by 2025.
He addressed the inaugural session of CII's Partnership Summit 2020 virtually.
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