FDI to rise in '24 as India remains 'preferred investment destination

FDI into India expected to increase in 2024 due to healthy macroeconomic numbers, better industrial output, and attractive PLI schemes. The government reviews FDI policy regularly to ensure India remains investor friendly. Inflow of FDI declined in 2023, but India is still the preferred destination for foreign players. Production linked incentive schemes have attracted foreign investors, and steps to improve ease of doing business and infrastructure are being taken. Despite global challenges, India's fundamentals make it an attractive investment destination.

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