With FDI Liberalisation, PM Modi Brings Focus Back On Economy: ASSOCHAM

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Liberalisation of FDI in a host of key sectors like defence, civil aviation, retail, banking and e-commerce couple of days before Prime Minister Mr Narendra Modi's visit to UK will send a huge positive signal to global investors about the focus returning to the economic agenda after Bihar elections, ASSOCHAM Secretary General Mr D S Rawat said.

With FDI Liberalisation, PM Modi Brings Focus Back On Economy: ASSOCHAM

At a time when the risk capital by way of equity is hard to come by over-leveraged domestic companies in important sectors of the economy, foreign direct investment is the best option to look for.

Given the fact that India remains among the few bright spots in the world, the global investors would find it compelling to seriously look at these opportunities, Mr Rawat said.

He said a stable form of foreign inflows by way of FDI is also imperative for India in the wake of continuing uncertainty over the direction of US interest rates.

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Read more about: fdi, assocham, economy
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