Indian Prime Minister Narendra
Modi is visiting the United States today to discuss a plan to help resuscitate
the investment interest in the Indian economy with 15 top executives from large
companies. India has not lived up to its economic potential that it is supposed
to have achieved already. Our FDI in India has shrank from $1.9 billion four
years ago to just $800 million this year. The reason for this is its
overstretched infrastructure, confusing and sometimes contradicting
regulations, and foreign investment restrictions and tax authorities. Kenichi
Ayukawa stated about India, “It is not the easiest place to do business”. Mr.
Modi is trying to implement some economic reform ideas that will help India
become more of an economic powerhouse.
I was wondering what you guys think the results will be and if the United States will heavily invest in India?
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