India to continue to attract eyes of foreign investors, though global uncertainties pose challenges ...Middle East

Opinion by : (Devdiscourse) -
India may attract eyes of overseas investors in 2023 as well on account of measures such as rollout of the production linked incentive (PLI) schemes and projection of healthy economic growth, though global economic uncertainties due to monetary policy tightening in the US and ongoing Russia-Ukraine war may remain cause for concern. Steps to promote ease of doing business, skilled manpower, presence of natural resources, liberal FDI policies, huge domestic market and prospects of healthy GDP growth are the reasons for optimism on the foreign inflows front for India in 2023 but issues such as delay in enforcement of contracts, cumbersome procedures and high interest rates are still sore points

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