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India’s balancing act to attract more investment from China, U.S. and boost trade

Asia-Pacific 1 source 1 country 🔦 Under-reported 44m ago

India is undertaking a strategic balancing act aimed at attracting increased foreign direct investment (FDI) from both China and the United States while simultaneously boosting its overall trade.

This policy approach involves gradual and incremental relaxations across several long-standing government regulations. Key measures include adjusting FDI policies regarding the e-commerce sector and permitting investments from companies with Chinese ownership.

Additionally, the strategy encompasses taking regulatory actions against the dumping of foreign goods into the Indian market by its trade partners to protect domestic interests while opening up to international capital.

In-depth summary · AI, neutral
Read the full story at the source The Hindu · IN
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