Could India be in top the top FDI spot because it finally allowed 100% FDI in the e-commerce sector? Probably not, but it’s nice to wish. In actuality, the reason why India is the top FDI destination in the world is because of a beautiful combination of national development and a number of government initiatives. Hon’ble Prime Minister Narendra Modi has been on a spree establishing initiatives like, Make in India, Digital India, Startup India and Smart Cities; which now look to be paying dividends. “FDI into India has increased by 40%, thus displaying the increasing international confidence in India,” stated Narendra Modi at London’s Wembley Stadium amid 60,000 cheering Indians in November 2015.
What makes this feat even more impactful is that they knocked off China for top position. This is no small accomplishment as China has been in the number 1 or 2 spot for the last few years. A report by fdi Intelligence states greenfield capital investment in India amounted to a whooping £43bn. "India replaced China as the top destination for FDI by capital investment following a year of high-value project announcements specifically across the coal, oil and natural gas and renewable energy sectors," the report said.
How we can assist
At QX Corporate Advisors we understand that laws and regulations dealing with FDI and investments can be confusing and even costly if not considered precisely. At QX Corporate Advisors we help with the entire business setup process. We also ensure that all permissions required by regulatory bodies are attained as quickly as possible.
We can provide customised services for business entity setup, approvals, legislative registrations and all of their post registration compliances. If you’ve been thinking about entering the Indian market or have any questions about India market entry strategy email us on firstname.lastname@example.org or call us on 0845 838 2672.