foreign direct investment]
Latest from foreign direct investment
Nirmala Sitharaman said many foreign companies have invested in India through local subsidiaries and FDI has increased by USD 9,000 million since 2018-19
Published on Dec 04, 2023 09:55 PM IST
The Maharashtra government has approved a policy to increase the state's exports from 7% to 14% and attract $3.4bn in foreign direct investment. The policy aims to raise exports from $72bn to $150bn, develop export-oriented infrastructure, and achieve a 22% share in the country's $1tn export target by 2030. The government will provide financial assistance for export-oriented projects and industrial parks, as well as incentives such as insurance cover and interest subsidy for MSMEs. The policy also incorporates incentives from the central government's Production Linked Incentive schemes.
On Tuesday, the ED revealed that Vivo remitted over ₹ 1 lakh crore out of India since its inception in 2014
Updated on Oct 11, 2023 06:54 AM IST
ByNeeraj Chauhan, New Delhi