Startups must get access to global investors base with the lessened regulatory and technical burden. Over the years, India has come out as an attractive investment destination driven by economic reforms and a large consumption base. Today India is one the fastest growing economies of the world. The country is on a fast-paced growth and is expected to become a 5 trillion economy by 2022. China and India have been top choices for investments by companies from across the world.
Over the last two decades, China has been attracting companies worldwide because of its aggressive FDI policies. However, the onset of the Covid-19 pandemic from China has significantly damaged its reputation globally. Today, every country wants to pull out its investment from China, especially in the manufacturing sector, and look for other options.
After China, India has been one of the top choices for investors from different parts of the world. India has observed a significant increase in investments since the Modi government came into power. With Prime Minister Modi’s ‘Make in India‘ campaign and improvement in ‘ease of doing business,’ India has become a bright spot for investors worldwide. Further, the introduction of Goods and Service Tax (GST) has boosted international investors’ confidence and thus, has made way for global investors’ base.
Global Investors Base in Post COVID Times
In post COVID times, many companies are expected to shift their global investor bases from China and lay their focus on India. These are good times for India to capitalize upon the situation and invite all those companies that are leaving China. To encourage foreign investment and global investors base in various sectors and provide impetus to the manufacturing sector, the government has put an investor-friendly policy in place, wherein most sectors are open for 100% Foreign Direct Investment (FDI) under the automatic route.
The FDI policy is applicable across the sectors/ industries and equally applies to the SME sector. Further, the government continues to enhance international cooperation for promoting Foreign Direct Investment (FDI) and better ease of performing business in the country by releasing notifications/ amendments/ circulars highlighting measures to improve India’s business environment. To boost the insurance sector and attract more funds, the government has permitted 100% FDI. In 2020 edition of World Bank’s Doing Business Report, India improved its ranking by 14 spots and was ranked 63 among 190 countries.
There are various why investing in India will be beneficial for investors. India is one of the world’s fastest-growing economies. India has the largest youth population globally and will be the largest supplier of university graduates by 2020. In the coming years, India is expected to have more significant economic influence across the Asia-Pacific region. To enable sustainable investments in India, our organization Aatmnirbhar Sena will be focusing on targeting global investors base from across the world.
We aim at successfully establishing the brand India concept to bring in global investors base. India already had great potential to attract investments from across the globe, and now the coronavirus pandemic has elevated India’s opportunity to become a bright spot for investments. Aatmnirbhar Sena’s role will be to promote our country globally and attract global investors base.