Reported 4 months ago
The article discusses the need for Prime Minister Narendra Modi's potential third term in office to focus on implementing tough reforms to attract foreign firms to invest in India. Challenges such as policy inconsistencies, bureaucratic delays, and land availability issues have hindered foreign direct investment despite some improvements in the business environment. Key priorities include policy coordination among states, labor reforms, addressing the skills gap in the workforce, land acquisition reforms, and reviewing trade measures like tariffs. Modi's government aims to make India a global manufacturing hub by simplifying regulations, investing in infrastructure, and supporting key sectors like chip manufacturing and defense equipment.
Source: YAHOO