A seven-point plan to catalyse India’s growth.
India recently outlined the scale of its economic vision – to turn into a U.S. $5tn economy by 2025. The scale of the challenge is considerable, requiring sustainable growth of 8% over the next six years. Achieving this target will be difficult, but if India continues to increase its attractiveness as a destination for foreign investment, it is possible.
To reach this ambitious target, India must build on the progress made recently in improving its business environment, making a 79 place improvement in Ease of Doing Business rankings to reach 63rd position in five years. The CBI’s new report sets out a seven-point plan to catalyse progress on improving India’s business environment and its implementation is key to unlocking the Indian market for British companies through easing foreign operations in India.
The report asks the Government of India to:
- Take advantage of the opportunity created by a stable majority and strong political capi