Global Thought Leader Dr. M, who is celebrated for his strategic economic vision all across the world and is a promoter of India as a Global Economic Leader, launched Foreign Investors India Forum in September 2019 in New Delhi, with a focus to promote global economic investments into India by overseas citizens of India and foreign investors. Since its inception, Foreign investors India Forum has been actively engaging with political, business and other leaders of society to shape regional and industry agendas to increase Foreign direct Investment into India.
Global Thought Leader Dr. M who also serves as the Global Chairman of the Foreign Investors India Forum has been leading this initiative and has been instrumental in building a strong network of affiliates that includes domestic and international business chambers such as ASSOCHAM India, US-INDIA Strategic Partner Forum, FICCI, CII, ICEA, Singapore India Chamber of Commerce & Industry, Indian American International Chamber of Commerce and many others. The Foreign Investors India Forum along with its affiliates seeks to support the Indian government in building an ‘ease of living’ and ‘ease of doing business’ environment along with a progressive personal taxation structure which will lead to a significant increase in the strategic foreign investments in India, boosting the Indian economy.
The Foreign Investors India Forum led by Dr. M is benchmarking policies that can help India capitalise its positions as one of the largest financial markets in the world to become a recognised global financial hub. Speaking on the objectives of the forum, Global Thought Leader, Dr. M mentioned, “Globally, there is approximately $30 trillion worth of wealth available for investment, in some cases, at negative interest rates. India needs to draw a lion’s share of that wealth on account of its 60% youth population, its energy and its potential for growth. To do so, the government must adopt a mindset shift towards OCIs and Foreign Investors and help them support India’s growth as a global economic leader.”
Benchmarking FDI policies in countries such as China and Singapore that have seen a quantum jump in their FDI over the years, the Foreign Investors India Forum has observed that both these nations have enabling personal taxation structures. These FDI policies allow foreign investors to stay in each country for long periods of time to tend to their investments without being taxed on their global income. As a result, both nations have seen not only an increase in their foreign direct investment but also an increase in the tax collected domestically as more industries and business thrived. To advocate for a similar mindset shift in India, the Forum has been participating in discussions and dialogue with the Indian government to attract more foreign investment and successfully achieve India’s $5 trillion economy goal.