India Must Pull Out All Stops To Attract FDI, Says Economic Survey

India must “pull out all the stops” and improve tax certainty and stability to attract more foreign direct investments (FDI) into the country, the Economic Survey said. 

It said that despite the short-term volatility in global markets, triggered by factors such as inflationary pressures, rising interest rates in developed economies, and geopolitical tensions, the long-term outlook for FDI in India remains favourable.

The country’s robust economic fundamentals, ongoing structural reforms, and growing consumer market position make it a key destination for foreign investments.

“One, we must pull out all the stops wooing FDI and making itself more attractive for foreign investors. India has been doing so,” the survey said.