Strategic reforms needed to enhance India's appeal to global investors, attract FDI: GTRI
The Global Trade Research Initiative (GTRI) proposed strategic reforms to enhance India's global investment appeal. With USD 44.4 billion in FDI for FY2024, India significantly lagged behind countries like China and Brazil. GTRI's four-step plan focuses on reducing costs, improving the ease of doing business, and creating a framework for evaluating investment proposals to attract foreign investors.