Key Points
For much of its 9-year run, the Modi government has trumpeted its relative success in attracting higher levels of foreign direct investment..
In the seven years leading up to Prime Minister Modis election in May 2014, India averaged $27b in foreign direct investment per year (looking specifically at new equity and acquisitions, not reinvested earnings and other forms of capital)..
Notable reforms, as we tracked through our India Reforms Scorecard, include the Goods and Services Tax (GST), the Insolvency and Bankruptcy Code, abolishing the small scale industries reservation list in manufacturing, and key sectoral reforms like the Hydrocarbon Exploration and Licensing Policy (HELP)..
The World Banks erstwhile Doing Business index became a beacon for specific reforms. Courting Investors: Prime Minister Modi used his foreign trips far more aggressively than his predecessors to sell the India story..
A negative list will provide important assurances to investors that their investments will not subsequently be upended through future sectoral micro-definitions emerging, as has happened in the past with stock exchanges, white goods manufacturing, and non-inventory e-commerce..
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DPIIT notifies changes in FDI norms in space sector
07, Mar, 24The government has allowed 100 per cent overseas investment in making components for satellites, as part of efforts to attract foreign players and private companies into the segment. The investee entity shall be subject to sectoral guidelines as issued by the Department of Space from time to time, the DPIIT press note said.
Foreign investment flow slows, but surging services exports may lead to current account surplus in Q4
22, Mar, 23The foreign direct investment (FDI) inflows dipped nearly 13% this fiscal till January, mirroring the negative sentiment in the global investment climate, while foreign institutional investors (FII) have sold equities worth $6.1 billion in the same period on net basis, Reserve Bank of India data showed.
India negotiating bilateral investment treaties with different countries: FM Nirmala Sitharaman
01, Feb, 24India is negotiating bilateral investment treaties with different countries with a view to promote foreign inflows, Finance Minister Nirmala Sitharaman said on Thursday. She said that foreign direct investment (FDI) has doubled during 2014-23 to USD 596 billion compared to the inflow received during 2005-14.
Commerce Ministry backs tweaks to bilateral investment treaty
12, Jul, 23India's Ministry of Commerce and Industry is pushing for changes in the country's Bilateral Investment Treaty (BIT) text for some of its trade partners, but remains adamant that foreign investors must not invoke arbitration until they have exhausted all local remedies. India has gone into negotiations with the EU, where it has stressed that the country has a strong judiciary.
ETMarkets Fund Manager Talk: This CIO picks 10 sectors that can attract foreign investors looking to build
22, Dec, 23We think DII flows have achieved critical mass, especially when we see the mutual fund systematic investment plans flows now above Rs 17,000 crore per month. We also see that 10% of incremental Employees Provident Fund Organisation (EPFO) flows becoming meaningful in Indian equity markets. Overall, we see these flows to be sustainable and have a probability of going up on both retail and institutional flows.
Foreign investment into India tumbles even as economy booms
12, Jan, 24The pullback comes despite a wave of planned investments announced by foreign companies and investment funds. They include projects from semiconductor plants spearheaded by American firms to multibillion-dollar renewable energy projects drawing interest from Gulf countries.