India has the potential to fulfill the requirement of this challenging and competitive world because India is the fastest-growing of the world’s large economies. Overlooking the growth of India in Infrastructure, Industry, Automobile sector or any other sector easily calculate the growth rate and can able to see the difference.
Well, on such point of view we can agree on our Finance Minister Nirmala Sitaraman, she said at a United states-India Strategic Partnership Forum. She openly said how India can handle all the losses in such a pandemic time and also she said to add ‘With the current reset in the global supply chain and clear-headed and committed leadership in India, can see the opportunities will galore for all investors and industry stakeholders in India.
This is not for the first time, according to a report Bill Gates also gave the same reviews for India. Like, how India’s been the potential to attract investors and also have the key place where to find innovators and financial services.
India is growing rapidly in the past few years, if analyzing such data now yes some places can see huge differences. That’s not hidden, like how the UNCTAD report said the growth of India in 2020 downfall to 3’5 percent. Still, India has hope for a better recovery this year.
For others, it is visible how India can be able to open the doors for new investors they can be a part of this growing India. And also India will be providing opportunities for fintech cos, start-up ecosystem.
Further, the government has allowed 100 percent of FDI in contract manufacturing and coal mining and related activities such as washery, handling, and separation. This is easing of restrictions on foreign investment, should be seen as a continuation of the measures, which sends a positive signal to the international community, According to some previous reports.
The Indian economy was expanded at a record of 20.1 percent in the second quarter of 2021, which is slightly higher than the market forecasts of 20 percent. Still have the hope in 2022 this margin will grow even higher Well let’s have the finger crossed to see the massive change in our country this upcoming year.