Why is India a Great Destination for Foreign Investors?

Recently, India has arisen as the newest and the most preferred destination for foreign investors in Indian power sector, reasons for this are countless. Being the 10th largest economy across the globe and the 4th in terms of People's Propensity to Purchase (PPP) India has arisen as a prospective player for FDI and NRI investment. India has a huge reservoir of skillful laborer at internationally competitive cost and a huge entrepreneurial base and a differentiated manufacturing structure makes it easy to find associates for collaborations. The nation has a massive scientific and technical manpower of more than 20 million whose size surpasses the population of Taiwan. The number of literates in India is more than the joint population of France and Japan.

India has a gigantic domestic market of 300 million sturdy middle class populace having a considerable purchasing power and another 700 million individuals whose capability to purchase is progressively snowballing. Being a vivacious democracy with a huge democratic setup in cooperation with a broad based legal framework including adjudication and a self-governing judicial system together with a cosmic network of bank branches, financial institutes and well organized capital and money markets makes India a promising destination for Foreign Investors in Indian Power Sector.

The nation also has a massive network of technical and management institutes of highest global standards for development of outstanding human resources. India has a record of meeting its global financial obligations according to schedule and has never been an absentee. The nation has a robust English language base for business purposes .The sturdy and vibrant small scale segment is again worthy for establishing strategic alliances with the foreign equivalents. Strategic site of the nation for the third world marketplaces chiefly for the speedily growing South and South East Asian nations accompanied by a supportive infra-structure base aids in producing a healthy milieu for FDI inflow into the nation.

The adverse side of this bouncy FDI and NRI inflow is the restraints of Indian economic growth which are not outward but interior. Ups and downs in Indian agriculture plays a key role in limiting Indian growth rate united with unwholesome infrastructure like potholed roads, incomplete flyovers, undeveloped airport amenities, etc. are the foremost bottlenecks in the growth of the Indian economy. However, this has all been well handled by the Government when it comes to FDI in India. Thus, this nation has a lot of scope in this respect.

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Created on Oct 15th 2019 04:47. Viewed 385 times.

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