Finance Minister Arun Jaitley has participated the CEO’s Roundtable Session in Melbourne on Thursday to promote the program ‘Invest in India’.
Delivering the Key note address, Jaitley said that we have opened various Sectors for FDI including Railways & Defense etc.
Jaitley also said “another step taken by the Govt is transparent & predictable regime among others.” There is huge opportunity for foreign investors in manufacturing sector keeping in view size of Indian market and the government has taken measures for quick dispute resolution as well, he added.
A few more key points from his speech:
– Govt has setup NIIF for encouraging foreign investment in India in Infrastructure Sector in particular.
– Govt has taken various steps to remove discretions in decision making process & made it transparent.
– There are big opportunities for foreign investors to invest in India in view of its big market, high growth potential.
– Renewable Energy is a sector where there is a big scope for foreign investment & Govt is keen to promote.