Able Quote by Manmohan Singh
“I do believe that India needs a lot more foreign direct investment than we've got, and we should have the ambition to move in the same league many other countries in our neighborhood are moving. We may not be able to reach where the Chinese are today, but there is no reason why we should not think big about the role of foreign direct investment, particularly in the areas relating to infrastructure, where our needs for investment are very large. We need new initiatives, management skills, and I do believe that direct foreign investment can play a very important role.”
About This Quote
Source Speech: Economic Outlook, Manmohan Singh, 2015
India should aggressively attract foreign direct investment, especially in infrastructure, to close the development gap with peers.
In simple terms: India needs more foreign investment for growth.
Key Takeaway
Promote policies that attract FDI.
Themes
economic development
foreign investment
infrastructure
growth ambition
Mood
optimistic
strategic
Type
policy
economic.
When to use this quote
- government planning
- infrastructure projects
- investment negotiations
Key Concepts
development economics
policy reform
global trade
Questions to Reflect On
- What reforms can ease foreign investment?
- How to balance domestic and foreign interests?
A Different Perspective
Political and social constraints may limit FDI influx.
