“The sense of complacency – in terms of assuming foreign investors somehow have to invest in India – has cost us dearly in the last couple of years. It was very clear at the recent World Economic Forum at Davos that India has lost favor with international investors. India’s image has been over sold and it’s high time we start delivering on those claims. Even the larger Indian corporates are deploying their incremental investments in countries in Africa, Indonesia and other emerging economies. So, why would foreign investors bother to invest here? We need a credible India and not Incredible India.”
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