India needs policy credibility and continuity to sustain FDI as strong growth alone is not enough, says KIEP expert
India needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be enough to reassure global investors about the country's long-term business environment, highlighted Kyunghoon Kim, Head of the India and South Asia Team at the Korea Institute for International Economic Policy (KIEP).
Kyunghoon Kim, Head of the India and South Asia Team at the Korea Institute for International Economic Policy (KIEP), has emphasized the importance of policy credibility and continuity for sustaining foreign direct investment (FDI) in India. While the country is experiencing strong economic growth, Kim argues that strong growth alone may not be enough to reassure global investors about the long-term business environment.
He pointed out that India's investment, trade, and industrial policies are currently attracting FDI across various sectors including manufacturing and services. Kim stressed the need for the Indian government to maintain its current policy direction and ensure investor confidence in the continuity of the business-friendly environment.
Brief written by urgent.news from The Economic Times - Economy's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
