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'Investors don't want terms to change after they've invested in country'

Saritha Nayyar, chief operating officer of WEF, also calls for creating agricultural clusters to facilitate more players in the food processing sector

Saritha Nayyar, chief operating officer of the World Economic Forum (WEF).
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Saritha Nayyar, chief operating officer of the World Economic Forum (WEF).

Subhayan Chakraborty
In Delhi to attend the 33rd India Economic Summit, Saritha Nayyar, chief operating officer of the World Economic Forum (WEF), tells Subhayan Chakraborty that retrospective changes in laws and investment norms continue to bother investors. She also calls for creating agricultural clusters to facilitate more players in the food processing sector. Edited excerpts:

Have foreign investors flagged any issues about investing in India?

Firstly, for the foreign direct investment, investors need to have some level of comfort that if they come into the country, the terms are not going to change afterwards. This includes rules, laws or decisions that were made in