"Our goal is that the average annual foreign direct investment that has attracted an average annual foreign investment in the next 5 years will reach $ 100 billion."This is expressed.According to Bloomberg report on the 6th, India has attracted an average of 70 billion US dollars per year in the past five years, and reached a high of $ 84.8 billion in 2022.However, in 2023, India attracted foreign investment to $ 71.4 billion.
Data show that manufacturing, power and energy, transportation, financial services and retail areas have always been the main industries in India.According to the Indian Express News, from the perspective of the industry, foreign investment in India’s software and hardware, trade, services, telecommunications, automobiles, drugs, and chemical industries in 2023 decreased.
Bloomberg said that India was trying to attract investors who "transferred funds from India to other countries."As the fastest growing growth rate of GDP (GDP) last year, India is actively attracting companies that have launched the "India +1" strategy to make a profit in the process of creating a supply chain outside India.Singh said, "In the fields of electric vehicles, electronic products and general consumer goods, India has unparalleled market potentialSurat Investment. The popularity of these products in the Indian population is much lower than the global average."
India’s recent efforts in attracting foreign investment are gaining some results.According to the British "Financial Times" report, Tesla will build a electric vehicle factory with an investment of up to $ 3 billion in Indian site in April.Earlier, Indian Prime Minister Modi met with Tesla CEO Elon Musk and invited him to explore investment opportunities in India.India has also approved a five -year -old production link incentive plan for production of automobiles and car parts, with a budget of about $ 3 billion.
However, a recent report from the Indian Business Standards News reported that the United Nations Trade and Development Conference was pessimistic about the overall forecast of the global foreign investment environment in 2024 and believed that there would be only a small amount of growth.In this context, India’s plan to attract foreign investment will face relatively large challenges.
Lin Minwang, a researcher at the South Asian Research Center of Fudan University on the 7th, told the Global Times reporter that attracting foreign capital and promoting the economy is the right to develop in each country.As a fast -growing market, India is indeed attractive to multinational companies.However, the Indian market is also full of uncertainty, and it constitutes many risks and challenges to foreign investment.Hyderabad Wealth Management
"India’s domestic trade protectionism is getting stronger and stronger. The government has adopted some measures that are contrary to the laws of the market economy, becoming the biggest concern for many foreign investment in India."In this way," Lin Minwang should improve its infrastructure construction in India, cultivate more high -quality labor, and abandon investment and trade protectionism.
On the 7th, researchers of the Research Institute of the Indian Ministry of Commerce told the Global Times reporter that China -India has maintained a rapid growth rate in major economic countries and important emerging markets in the world.According to data from the National Bureau of Statistics of India, since 2010, India’s actual use of foreign investment has jumped by hundreds of billions of dollars, which has increased year by year, and reached a record high of US $ 189.13 billion in 2022.In 2023, India’s actual use of foreign capital is still the third highest in history.
Pune Stock