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The government has approved seven major industrial projects including semiconductors, infrastructure, and mobile phone manufacturing. These projects are expected to provide a new boost to investment and job creation.
Prime Minister Narendra Modi has extended an open invitation to Australian entrepreneurs and investors to invest in India. He said India is an excellent destination for long-term investment, with huge opportunities in infrastructure, green energy, technology and manufacturing sectors. The Prime Minister expressed his determination to take the India-Australia economic partnership to greater heights.
India has eased foreign direct investment rules for neighbouring countries. Here’s what the new 10% investment rule means for cross-border investments and businesses.
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