On June 20, India announced a number of measures to ease foreign investment in defense, civil aviation, pharmaceuticals, retail, food trade and broadcasting. The Federal Government has liberalized the FDI regime with the objective of providing a major impetus to employment and job creation in India.The government’s action opens up more than...
“American investors want to be part of the Indian growth story…” – CSIS
Richard M. Rossow, Senior Fellow at the Center for Strategic and International Studies, Washington DC, where he occupies the Wadhwani Chair in US-India Policy Studies, delivered a talk on ‘US-India Economic Ties: The Next Ten Years’ at the ICFAI University, Hyderabad. According to him, with further simplification of investment policies...