“After the first wave of big ticket FDI policy reforms announced on the eve of Diwali last year, the government has now announced the second wave of reforms again encompassing a broad range of sectors. These reforms (formal notification of which is awaited through the issuance of requisite press notes by the DIPP) will undoubtedly promote inflow of FDI into the country in manufacturing, services as well as trading.”

Adhika Jain
Director, Grant Thornton Advisory Private Limited

This article apeared in Deccan Herald on 21th June, 2016