Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India as the country is poised to be the fastest-growing large economy in the world. The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect Raj Subramanian, during the meeting with the Finance Minister, mentioned that he is positive about India and has significant expansion plans, including in skilling. Appreciating the government's commitment to integrated development through PM Gati Shakti Master Plan, Subramanian said the company is looking at R&D Centres in India. Last year, Prime Minister Narendra Modi launched a Rs 100 lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. PM Gati Shakti targets to cut logistic costs, increase cargo handling capacity and reduce the turnaround time.
Encouraged by the performance of their investments in 2021, semi-urban and rural investors are willing to allocate a higher proportion of their savings to financial assets: Groww survey
He pointed out that under TSiPASS, which is backed by legislation, all clearances are given through a single window
The facility would manufacture magnesium products for cars, commercial vehicles, two-wheelers in both ICE (internal combustion engine) and EV (electric vehicle) segments
The outcome of this meeting was that the commitment of US companies for India with India has become much stronger during this Covid-19 crisis, says Mukesh Aghi
Prime Minister Narendra Modi on Tuesday congratulated Invest India, an investment promotion and facilitation agency of the Union government, for winning the '2020 United Nations Investment Promotion Award'. The award is a testimony to our government's focus on making India the world's preferred investment destination and improving ease of doing business, Modi said in a tweet. The United Nations Conference on Trade and Development (UNCTAD) declared 'Invest India' as winner of the United Nations Investment Promotion Award 2020. The award ceremony took place on Monday at the UNCTAD headquarters in Geneva. The award recognises and celebrates the outstanding achievements of the world's investment promotion agencies. "Congratulations to @investindia for winning the 2020 United Nations Investment Promotion Award given by @UNCTAD. This is a testimony to our government's focus on making India the world's preferred investment destination & improving ease of doing business," Modi said. The .
The Singapore-based venture capital firm plans to allocate 50% of the fund exclusively for the Indian start-up ecosystem
"The hope is that this empowered group will use its powers to expedite clearances."
The government has taken steps like promoting ease of doing business and liberalisation of the foreign direct investment norms to attract overseas investors
Last year, Facebook invested in Meesho, which provides resellers, who largely comprise housewives and small businesses, with a platform to sell their products across social networks.
Budget wish list: Income-tax cut, blueprint for investment push
The first outcome of these five summits is likely to be a gradual, growing mutual respect between two strong leaders who are strong not just in personality but in action too
She also assured international investors at an interaction session at the IMF's headquarters that the government was continuously working to bring reforms
Vision 2030 of Crown Prince Mohammed bin Salman will also result in significant expansion of trade and business between India and Saudi Arabia
India is a unique combination of four factors: democracy, demography, demand, decisiveness, said the PM
Venezuela would be interesting if there's regime change, Mobius also said.
Number of proposals decline to 1,528 till September