Can India Attract Investment

After the COVID situation most countries have shun China, and Chinese goods, with the already heavy tariffs on Chinese products fro USA, it was getting even more difficult to trade with China. Now due to COVID, most Brands want to shift their production base from China to a more friendly country with ample resources and cheap labour like India, Vietnam and the Philipine.
India is bestowed with all the resources and manpower necessary for a good production base. Indians are good craftsmen, industrialists and we have ample resources along with the doctrine of work is worship being embedded in our culture. Indians are not arrogant and usually have a stable family to provide for and to come home to.

These reasons couples with incentives given by the Government today in attracting foreign investment and factories will go a long way in creating wha we call the Make in India dream of the Indian Government come true. Tax holidays and incentivised subsidy plans along with single window clearance and ease of doing business are top priorities by the Indian Government. These will go a long way creating the necessary infrastructure for alternative Investments to China in the aftermath of COVD, which bears fruit with a German Company Von Wellx, shifting its entire operation to UP, with an initial investment of 110 crore.

India is offering an excellent investment environment with availability of labour, raw material, infrastructure and is already a hub for foreign investors that are moving away from China. In the past India has been a second alternative to China but now is the time India can capitalise and attract Investments as much as possile.

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