Posted 4/1/2024, 11:28:20 AM
Investor Confidence in India Dented by Perceptions of Uneven Policy Playing Field
- Government actions favoring certain companies over others have made investors hesitant about India
- Private investment and foreign direct investment in India have remained flat
- India is still an attractive economy compared to declining China and struggling Europe
- Over the past 3-4 years, some investors have been favored over others, hurting the perception of a level playing field
- Policies aimed at import substitution raise questions about whether Indian exporters can become globally competitive
