India not only remains one of the fastest growing economies in the world but has also been ranked as the most attractive market by leading investors with a total FDI inflow of USD 73.45 billion.
India has a huge domestic market with rising affluence being one of the main drivers for increasing consumption levels. The country’s global competitiveness is on an all-time rise – it jumped 79 positions to rank 63rd in “World Bank’s Ease of Doing Business Ranking 2020”.
A transparent open policy regime has significantly contributed to India emerging as the preferred location for foreign investment. The FDI policy is being liberalized progressively and the Government has even allowed FDI up to 100% under automatic route for most of the activities.
Moreover, India has a demographic advantage and developing infrastructure along with a very supportive and policy-friendly government.