India remains an attractive destination for global capital: expert
New Delhi:
Experts said on Saturday that India remains an attractive destination for global capital with strong economic approach, policy reforms and flexible markets. The recently imposed recipes on Indian goods by the US administration remains relatively modest compared to other Asian countries, resulting in a competitive lead to India.
Manoj Purohit, a partner and leader of BDO India’s FS tax, tax and regulatory services, said, “This opens a strong proposal to offer export opportunities to the country. India remains one of the fastest growing economies, with a government striving to carry forward a huge consumer market, skilled workforce and business -friendly reforms.”
The government’s focus remains continuously on infrastructure, digital development and ease of trade, which remains important in increasing the trust of investors.
Additionally, trade diversification and strategic partnership is opening new avenues for ‘investment’.
Although tariffs can introduce short -term challenges, India’s strong economic foundation ensures that foreign investors will maintain India a major destination for long -term investment even in the event of avoiding risk.
Purohit said, “The Indian economy is currently safe to avoid temporary obstacles due to domestic triggers of macro changes and high evaluation, tight income and rising inflation costs.”
Market participants will closely monitor the long -term impact of the proposed tariffs and the upcoming announcements from the RBI’s monetary policy stance, to expect a possible rate cut to formulate an investment strategy for upcoming cycles.
The coming week is important, which has major domestic and global triggers.
At the domestic level, the results of the meeting of the Monetary Policy Committee (MPC) on 9 April will be given the main focus, after which the major major economic indicators IIP and CPI data will be monitored on 11 April.
Apart from this, the fourth quarter income session is starting, after which the IT veteran TCS will announce its results on 10 April.
