7 Sectors to Attract FDI for India


6. Life Sciences

In the aspiration of making India a global economic powerhouse, the sector of life sciences is an arena which is focused more to improve the health of the nation. India has higher disease burden then Brazil and chain, i.e. around 37 percent higher than Brazil and 86 percent than China. “Apart from the role FDI will play in agriculture and agricultural marketing, is that it signals that the government is doing something because there are limitations on fiscal and monetary policies in the current slowdown, so there has to be other types of actions that can boost investment and restart the economy,” says Ashima Goyal, Professor of Economics at Indira Gandhi Institute for Development Research in Mumbai, as quoted by Rediff.

7. Cleantech

India is one of the most preferred destinations for cleantech investments. As per the Ernst & Young’s Renewable Energy Country Attractiveness Indices November 2011 report, India is the fourth most attractive country out of 40 countries, with China, U.S. and Germany being ahead of India. Foreign investors believe this sector as a potential one. Government of India has taken many initiatives to encourage the sector.

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