India favourably placed for foreign investments: DIPP Secretary

NEW DELHI:India holds the edge on parameters like availability of skilled manpower, attractive consumer market, stable and decisive political establishment to attract foreign investments, a top official said on Wednesday.

According to Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek, an enabling regulatory framework is imperative to make that happen.

“Investment decisions are also to be seen in the larger context of performance of the host economy, availability of skilled manpower, attractive consumer market, and most importantly, stable and decisive political establishment. India is favourably placed on all these parameters and provides great place for foreign investment,” said an official statement quoting Abhishek.
Stay on top of business news with The Economic Times App. Download it Now!
FROM AROUND THE WEB

A horror movie fan? The Exorcist is a must watch for you

Amazon Prime Video

Now rent a bike @ Rs.2100/month

Rentomojo

The Scorpio Adventure. Limited edition.

Mahindra & Mahindra

MORE FROM ECONOMIC TIMES

Ask why Lalu cannot contest elections: PM Modi

6 interesting things about the new UP CM, Yogi Adityanath

7 secrets that make Marwaris so good in business

From Around the WebMore from The Economic Times

Hair secrets that have outlived generations

Hairsutras

Play, earn, win on Junglee Rummy! Claim Rs.25 instant bonus

Junglee Rummy

Check fair market value of any used vehicle

Droom

Nescafe vending solution for your office

By Workstore.in

Actress Kalpana given state funeral, celebrities pay homage

September 30, 2016

Meet India's next generation of business tycoons

I value money because I have seen tough times—Ajinkya Rahane