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Rajan Bharti Mittal aims to attract $ 75 bn FDI by 2015 |
Rajan Bharti Mittal the newly elected chief of FICCI aims at attracting FDI worth $75 billion by the year 2015. He has kept lower transaction costs in business at the top of his agenda and is sure to achieve ---
--- it through simpler regulations, elimination of inspector raj and further liberalization of the insurance and retail sectors.
He aims the present level of FDI at $33 billion (Rs 1,51,800 crore) to
be enhanced to $75 billion (Rs 3,45,000) by the year 2015 and also at
the same time wants to elevate domestic investment level also. Mittal
said that FICCI studies have identified the hurdle at state level
reforms and shall try to get them removed as soon as possible.
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