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India working on aggressive strategy to attract FDI: Prabhu

Business Finance

Press Trust of India  |  New Delhi 

India's Sherpa for G20 andG7 groups Suresh Prabhu on Tuesday said thegovernment is working on an aggressive strategy to attract FDI into India in the aftermath of COVID-19 pandemic.

Prabhu in a virtual interaction with members of the Indo-Canadian Business Chamber (ICBC) recognized the impact of the COVID-19 pandemic and the changes it would bring to global business and trade practices, while outlining eight key areas of enhanced cooperation between India and Canada going forward, according to a statement.

He specifically listed out high-tech, financial services, capital investment, healthcare, manufacturing, environment, logistics and trade promotion as those that would see a major uptick between the two countries, the ICBC said in the statement.

Prabhu also pointed out that the Prime Minister has constituted a task force headed by the finance minister which is looking specifically into this andhe is sure it will be communicated to the right people soon.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, May 05 2020. 20:16 IST