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India working on aggressive strategy to attract FDI: Suresh Prabhu

India's Sherpa for G20 and G7 groups Suresh Prabhu on Tuesday said the government is working on an aggressive strategy to attract FDI into India in the aftermath of COVID-19 pandemic.

Prabhu in a virtual interaction with members of the Indo-Canadian Business Chamber (ICBC) recognized the impact of the COVID-19 pandemic and the changes it would bring to global business and trade practices, while outlining eight key areas of enhanced cooperation between India and Canada going forward, according to a statement. He specifically listed out high-tech, financial services, capital investment, healthcare, manufacturing, environment, logistics and trade promotion as those that would see a major uptick between the two countries, the ICBC said in the statement. Prabhu also pointed out that the Prime Minister has constituted a task force headed by the finance minister which is looking specifically into this and he is sure it will be communicated to the right people soon.

Source: https://www.outlookindia.com/newsscroll/india-working-on-aggressive-strategy-to-attract-fdi-prabhu/1824857

May 5, 2020

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