India’s Investment Inflows Reach New Heights Amid High Outflows

In a notable shift in economic dynamics, India has achieved record foreign direct investment (FDI) inflows in recent quarters, underscoring the nation's attractiveness to global investors. According to data released by the Ministry of Commerce and Industry, FDI inflows surged to $83 billion in the fiscal year ending March 2023, marking a 20% increase from the previous year. This trend is largely attributed to the government’s initiatives to improve the business environment, including reforms in taxation and labor laws. However,...