During the interaction, the CEOs expressed strong confidence in India's growth trajectory. They conveyed their keen interest in expanding and deepening their business presence in India, citing policy stability, reform momentum, and long-term demand visibility.
Despite the reform momentum, Shriram said delays in approvals remain a persistent challenge for companies. "Time is important for industry. For approvals, time is required. But quicker decisions and time-bound decision-making will help the Indian economy and industry grow faster," he told AN
The structural reforms are enhancing efficiency and competitiveness, supported by strong macroeconomic policies, said Chief Economic Advisor, V Anantha Nageswaran on Friday.
New Delhi [India], Aug 19 (ANI): India needs to continue implementing critical reforms in key areas like health, labour, land, skills and finance to come out stronger from the impact of Covid-19 pandemic, the World Bank said on Wednesday.
Singapore, June 5 (ANI): Moody's Investors Service has said India's policymaking institutions will encounter challenges in enacting and implementing policies which effectively mitigate the risks of a sustained period of relatively low growth.