The 4 pillars serve as the base upon which India’s IT industry flourishes. The four pillars of development — infrastructure, investment, innovation, and inclusion — collectively form the fabric of India’s economic growth. These pillars also play an indispensable role in shaping the country’s digital future, says Deepen Goratela, Founder & CEO, Astral Technologies. In today’s...
Tag: Foreign Direct Investment
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Steely growth
India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.
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Centre kick-starts FDI, PPP in Railways
Attracting foreign direct investment (FDI) in the Railways is finally getting a push.
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Can Prabhu bring Indian Railways on track?
Despite having the second largest rail network in the world, Indian Railways (IR) has not been able to bring it on growth trajectory. The rail sector is infested with challenges like snail´s pace expansion and modernisation, poor customer service
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Aviation Sector: Status Check and Roadmap
In the past decade, the Indian aviation industry has emerged as the 9th biggest aviation industry in the world. However, high taxes and slow pace of regulatory reforms have adversely impacted the growth of this industry.
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PM launches ´Make in India´ initiative
Prime Minister Narendra Modi launched the ´Make in India´ initiative with an aim to give the Indian economy global recognition.
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FDI Ultimate Game Changer
Though investment in infrastructure is expected to touch $1,025 billion in the Twelfth Five-Year Plan (2012-17), many hurdles are choking investment inflows despite the government´s overdrive to attract funds. The government´s recent decision to open up the railway sector to Foreign Direct Investment (FDI)
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FDI dips 3 per cent in 2013
Foreign Direct Investment (FDI) in India dipped by 3 per cent to $22.03 billion in 2013, according to data from the Department of Industrial Policy and Promotion (DIPP). In 2012, India attracted $22.78 billion of FDI. Services, pharmaceuticals, automobiles, construction development, telecom, computer software and hardware, chemicals and power were among the sectors that attracted FDI in 2013.
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Govt to bring in investor-friendly FDI policy
Government has put in place an investor-friendly policy on Foreign Direct Investment (FDI), under which FDI, up to 100 per cent, is permitted, under the automatic route, in most sectors/activities. FDI policy is reviewed on an ongoing basis, with a view to making it more investor friendly, said the Uniion Minister of State in the Ministry of Commerce and Industry EM Sudarsana Natchiappan in Rajya Sabha on December 11.
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India calls for more FDI from US for aviation
Visiting Indian Civil Aviation Minister Ajit Singh has on October 30 called for more foreign direct investment (FDI) from America
He said that India has taken significant measures for affordable air travel. The Minister was addressing the 4th India-US Aviation Summit in Washington.