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.