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Monday, 4 April 2016

Business needs to create wealth, FDI alone not the answer: Kant

Business needs to create wealth, FDI alone not the answer: KantIndian industries need to play the role of wealth creators in the economy as India cannot rely alone on foreign direct investment (FDI) for growth, NITI Aayog Chief Executive Officer Amitabh Kant said today. "The domestic industry needs to play the role of wealth creators in the economy and India cannot rely on FDI alone. Also, there is need to focus on export promotion," Kant said during an event on 'Global Slowdown-Implications of the World's fastest Growing Economy' at CII Annul Session 2016 today.


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