Measures to attract FDI must be backed with proper infra: Ashok Leyland MD

Comment comes at a time when Centre and various State governments are aiming to attract companies looking at shifting their operations out of China

Ashok Leyland MD and CEO Vipin Sondhi has said that there is an opportunity for the country to attract FDI from corporations at present, and the government should support initiatices in this space with infrastructure and ease of doing business.

In a statement issued today, Sondhi said, “The current situation presents an opportunity for our country to attract FDI from corporations. Over the next 18-24 months, we as a nation would do well to focus on  developing state-of-the-art, technology-enabled industrial parks owned by the State Industrial Development Corporations or co-owned through Public Private Partnerships or through 100 per cent Private