India announced several key reforms aimed at easing foreign direct investment (FDI) on Monday, as Prime Minister Narendra Modi’s government sought to attract international business to further boost the country’s economic growth. The new measures allow for 100% FDI in several sectors such as defense, food products, broadcasting and civil aviation, according to a statement…
via India Paves the Way for Multinationals With Wide-Ranging Foreign Investment Reforms — TIME
