Karnataka's Industries Minister, MB Patil, accuses the Union government of reduced FDI in the state due to faulty policies and diverting investors to Maharashtra and Gujarat.
Karnataka's Large and Medium Industries Minister, MB Patil, blames the Union government's faulty policies and lack of vision for reduced Foreign Direct Investment (FDI) in the state. He also alleges that the Centre is diverting investors towards Maharashtra and Gujarat. FDI in India has decreased from $71 billion in FY23 to $70 billion in FY24, with FDI equity investment in FY23-24 showing a 3% reduction.
June 03, 2024
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