Investment in India. Still a leading choice amongst BRIC economies (Brazil, Russia, India, and China)
The World Bank has predicted GDP growth for India at 8.2% for FY-23, despite global turmoil and uncertainties in the global economy. The country remains a hot topic where many AGN member firms have helped their clients take advantage of the incentives to do business.
In terms of attractiveness, investors ranked India #3; around 80% of investors have plans to invest in India in the next 2-3 years, while approx. 25% reported investments worth >US$ 500 million, the Economic Times reported.
This Global Business Voice Business Alert from AGN International, our networking association, explores the policies driving investment attractiveness, including:
- Ease of doing business
- Innovation, talent & domestic market opportunity
- Government incentives for foreign investors in key sectors
- Production Linked Incentives (PLI)
