Atmanirbar Bharat: Foreign investment of $20 billion in India

Pune, 21 July: After Atmanirbar Bharat, India is beginning to get the benefit of the global environment being created against the expansionist policy of Corona and China. 

Investments After Atmanirbar Bharat

In the last three months, foreign investment of $20 billion (Rs 1.50 lakh crore) has been announced in India. During the Corona, India’s trade proximity to the US seems to be increasing in view of India’s good intentions regarding Indian policy and global help. This is the reason why American companies have the largest share in foreign investment. The leading American companies like Google, Facebook and Walmart are considering India as the most suitable place for investment in the world.

Source: Inc42

According to the official of the Ministry of Commerce and Industry, investment is just beginning. Many policy changes are being made under Prime Minister Narendra Modi’s self-reliant India, so in the coming time, starting a business in India is going to be much easier than the present. More than 500 foreign companies are in contact with the Ministry of Commerce and Industry, showing interest in investing in India.

Recent investments

Google: Google announced an investment of $10 billion last July 13 K Google chief Sundar Pichai announced the investment himself. He announced this investment in view of the government’s digitization program.

Walmart: Just a day after Google’s announcement, Walmart, the world’s largest retail company, announced a $ 1.2 billion investment in Flipkart. However, Walmart has already bought a majority stake in Flipkart by investing $ 16 billion. Nevertheless, fresh investment during Corona is considered important.

Foxconn Taiwanese electronics manufacturing company assembling Apple’s iPhone in India. Will invest one billion dollars in India.

Facebook: The world’s largest social media company has invested $ 5.7 billion in Reliance Jio, India. This is the largest single investment made by Facebook in another company.

Qualcomm Ventures has also announced an investment of $ 97 million in Reliance Jio.

Thomson: French company has invested $ 14.28 million to build homes Aplaynj like Thomson Electronics in India, especially TV, refrigerator, washing machine.

We Work Global will invest $ 100 million to expand its business in India. Hitachi is going to invest $ 159 million.

KIA Motors: As part of its expansion program, KIA Motors will invest $ 54  million in Anantapur district. Saudi Arabia’s PIF has announced a $ 1.6 billion investment.

Samsung: The South Korean giant has now started manufacturing its entire range of 18 smartwatches in India. The company has the largest smartphone manufacturing facility in Noida. The company has also launched a new 4G capacity smartwatch that will be manufactured in India.

SGS SGS is Amazon’s trusted partner in quality packaging and one of the world’s leading inspection, verification, testing and certification companies. The company has opened its first accreditation testing laboratory in India as well as laboratories in other parts of the world, Sistas in Bordeaux in France and Appleton in the US. 

Polity Press Staff

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