New Delhi, April 5
With a strong economic outlook, policy reforms and a resilient market, India remains an attractive destination for global capital, experts said on Saturday.
The recent reciprocal tariffs imposed by the US administration on Indian goods remain relatively modest as compared to other Asian countries, resulting to continue to give a competitive edge for India.
“This opens strong proposition to offer viable export opportunities for the country. India remains one of the fastest-growing economies, with a vast consumer market, skilled workforce, and having a government striving to usher in business-friendly reforms,” said Manoj Purohit, Partner and Leader, FS Tax, Tax and Regulatory Services, BDO India.
The government’s continued focus on infrastructure, digital growth, and ease of doing business further boosts investor confidence.
The recent move by RBI to keep the existing corporate bond and G-sec limits unchanged for foreign portfolio investors (FPIs) is a testimony of the government’s intent to keep gateway open for offshore participants to continue infusing funds in India market.
Additionally, trade diversification and strategic partnerships are opening new avenues for investment. While tariffs may pose short-term challenges, India’s sound economic fundamentals ensure that foreign investors will continue to keep India a prime destination for long term investments even in a risk averse situation.