INSUBCONTINENT EXCLUSIVE:
next 3-5 years, backed by the strong momentum in domestic consumption, services, digital economy and infrastructure, according to a
survey.
The study, conducted by industry body Confederation of Indian Industries and consultancy firm EY, said that 71 per cent of MNCs see
foreign investments, with a potential to attract FDI flows of $475 billion in just the next five years
FDI in India has seen a consistent rise in the last decade, with FY2021-22 receiving an FDI inflow of $84.8 billion, despite the impact of
issues, it is heartening to note that MNCs consider India an attractive investment destination and are planning expansion
We are confident that the continuing reform momentum by the Government will attract increasing volume of investment from MNCs and facilitate
their larger integration in the domestic supply chain," said Chandrajit Banerjee, director general, CII.Over 60 per cent of MNCs in the
would like to see enhanced effectiveness of the national single window for approval / clearances; greater tax certainty, and stronger
Development Goals (SDGs) and in climate change mitigation and adaptation is essential
ongoing reforms, MNCs expect momentum on faster execution of infrastructure projects, continuing improvement in ease of doing business,
projects and project preparation timelines, especially for the Public-Private Partnership (PPP) projects.
