India must liberalise FDI to be a developed nation by 2047: ADB chief economist

  • Posted on October 6, 2024
  • By Business News Today
  • 2 Views
India must liberalise FDI to be a developed nation by 2047: ADB chief economist

India needs to liberalize FDI policy, reduce tariffs, and improve its investment environment, infrastructure, and logistics to achieve its goal of becoming a developed nation by 2047. The country must also focus on managing oil price impacts from West Asia tensions and leverage the 'China plus one' sentiment.
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