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FDIs to fall short by US$ 7-8 bn in 08-09, ASSOCHAM
26 Jun '08
4 min read
Because of this, the volatility of the Indian political front will remain and investors would also like to take advantages of stable polity after 2009 comes to close.
The vast majority of CEOs have also felt that inflationary pressures will continue to grapple the Indian economy as these expect further rising of interest rates which will cause credit and liquidity crunch in the Indian market as Indian industry would have no option, barring learning to live with the current realities. This again will discourage the sentiments for FDI's towards India.
The survey recommends that government needs to take sufficient measures to remove bottlenecks on infrastructure and mount a pressure with necessary supports from various bilateral and multilateral agencies on oil producing countries for increased oil production.
The oil prices will remain a big challenge and if these do not subside, its repercussion on international trade and economics will be severe for all economies of scale including those of developing ones.
The vast majority of CEOs have also felt that inflationary pressures will continue to grapple the Indian economy as these expect further rising of interest rates which will cause credit and liquidity crunch in the Indian market as Indian industry would have no option, barring learning to live with the current realities. This again will discourage the sentiments for FDI's towards India.
The survey recommends that government needs to take sufficient measures to remove bottlenecks on infrastructure and mount a pressure with necessary supports from various bilateral and multilateral agencies on oil producing countries for increased oil production.
The oil prices will remain a big challenge and if these do not subside, its repercussion on international trade and economics will be severe for all economies of scale including those of developing ones.
Associated Chambers of Commerce and Industry of India
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