Covid-19: Govt working on many initiatives to attract potential investors

The government has taken steps like promoting ease of doing business and liberalisation of the foreign direct investment norms to attract overseas investors

The government is working on several initiatives, such as preparation of huge land pools, to attract potential investors to India amid the coronavirus-triggered turbulence, a senior official said.
 

Due to disruptions in the global supply chain on account of the Covid-19 crisis, many foreign companies are looking to reduce their dependency on China and set up manufacturing facilities in other countries.
 

"We are working on a lot of initiatives. When it comes to land, states prepare their land inventory and we aggregate those and make available to all potential investors," the government official said.