Way ahead: Powering AtmaNirbhar through Innovations
Over the years, FDI inflows have raised the competitive level in the country thereby raising the standards of research and development (R&D) requirements. Programs like Digital India, AatmaNirbhar Bharat Innovate Challenge, Make in India, Atal Innovation Challenges have rationalized and expedited the investment processes in the country. These challenges could reinvigorate depleted ecosystems and obsolete technologies. It will eventually help India create an army of grass root technological innovators.
The government, along with the national investment promotion agency, Invest India, are bringing transformations and helping India continue its journey in the right trajectory towards remaining the world’s most attractive destinations for foreign investment.
The average ticket size of FDI inflows to India for the year 2021 is $48.26 mn. This means India is as favourable and investor-friendly to a small and emerging player as towards market leaders.
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