India considers liberalizing capital investment rules to attract $20-30B FDI amid low offshore investments.
India's government is considering new measures to attract foreign investment, as offshore investments have hit a five-year low. The proposed changes would allow foreign capital through a mix of equity and debt, which is currently restricted. This liberalization could potentially bring in an additional $20-30 billion in foreign direct investment. The government seeks to enhance its capital market amidst ongoing currency volatility concerns.
October 30, 2024
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