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India has potential to attract $100 bn investment: Agarwal

Press Trust of India  |  New Delhi 

India has the potential to attract investments worth USD 100 billion and has resources and talent to become an engine of global economic growth, Vedanta Group Chairman Anil Agarwal said today.

"I am confident it will emerge as a global investment destination and an easier place to do business," Agarwal said at the Hindustan Times Leadership Summit here.

The government needs to take a broader perspective of its policies and reduce process time to ensure a faster and transparent decision, he said.

Stressing on higher extraction of natural resources in the country, Agarwal suggested that Make in India initiative needs to be supported by 'Find In India' and 'Mine in India', thus skilling the youth and creating thousands of SME's and create job opportunities, Vedanta said in a statement.

Vedanta Ltd is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil and gas.

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First Published: Fri, December 04 2015. 20:23 IST