Foreign investment needs policy credibility beyond India's strong GDP growth
New Delhi, Oct. 18 -- 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).
In a conversation with ANI, Kim said India's investment, trade and industrial policies were attracting foreign direct investment (FDI) across manufacturing and services, including financial services and global capability centres.
He said the government should maintain its current policy direction and ensure that investors remain confident about the continuity of i...
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