India becoming attractive for investments: GMR

Hyderabad: Hailing Atmanirbhar Bharat Abhiyan announced by Prime Minister Modi, G M Rao, Group Chairman, GMR Group, said that India was becoming an attractive investment destination for the world.

"India has been improving on the ease of doing business index over the past five years. Coupled with the Make-in-India call by Prime Minister, India is becoming an attractive investment destination for world. Lot of global corporations are envisaging interest in India as their manufacturing hub," he said.

He also lauded the Prime Minister's initiative to make India self-reliant. "In his recent address, the Prime Minister laid emphasis on land, labour, laws and liquidity to make India self-reliant.

Towards this, the Finance Minister's announcements on upgradation of industrial infrastructure and providing a system to make available information and ranking of industrial parks/SEZs/estates is a welcome initiative".

The government's industrial information system will provide an easy ready reckoner for global investors to set up their manufacturing locations in India, generating significant employment in the process, he added.