India remains an attractive destination for world capital: expert

New -Delhi, April 5 (IANS). Experts said on Saturday India remains an attractive world capital destination with strong economic approaches, policy reforms and flexible markets. The US administration recently imposed on Indian goods by the US administration remains relatively modest compared to other Asia countries, leading to a competitive lead to India. Manoj Purohit, a partner and leader of BDO India’s FS tax, tax and regulatory services, said: “It opens a strong proposal to offer export opportunities to the country. India remains one of the fastest growing economies, with a government striving to continue a large consumer market, competent workforce and business reforms.” The government’s focus is constantly on infrastructure, digital development and ease of trade, which remains important to increase the confidence of investors. The recently taken by RBI to hold the existing corporate bonds and the G-sect limit for foreign portfolio investors (FPIs) open the access door for foreign participants to continue investing in India’s market. In addition, trading diversification and strategic partnership new possibilities for ‘investment’. Although rates may offer a short challenge, India’s strong economic foundation ensures that foreign investors will maintain a major destination for long -term investment, even in the case of risk of avoiding risks. Purohit said: “The Indian economy is currently safe to avoid temporary obstacles due to domestic triggers of macro changes and high evaluation, tight income and rising inflation costs.” Market participants will carefully monitor the long -term impact of the proposed rates and the upcoming announcements of the RBI’s monetary policy attitude to expect a possible rate reduction to formulate an investment strategy for the upcoming cycles. The coming week is important, with large domestic and global triggers. Ajit Mishra, senior vice president (research), Railorgear Broking, said global investors with the increase in tariff stress will monitor any other developments on this front. At the domestic level, the results of the Monetary Policy Committee (MPC) meeting will receive the main focus on April 9, after which major major economic indicators IIP and CPI data will be monitored on April 11. In addition, the revenue session begins in the fourth quarter, after which the IT veteran TCS will announce its results on April 10. -Ians skt/abm