It’s not a target but it remains an aspiration. Given the trajectory of the Indian economy, there’s every reason to be optimistic that this ambitious goal is within reach.

It is not an official target and no one in the government will speak about it on record. But in private, off-the-record conversations, they will admit that receiving $100 billion in annual foreign direct investment (FDI) inflows is an aspiration the Indian government is not giving up on.

That figure isn’t quite a mare’s nest. China consistently crossed that mark during the heady period when it was growing at 9-10 per cent per annum. And, to put things in perspective, India isn’t too far away from that mark.
Achievable ‘target’.

One of the policy chiefs at the US India Business Council (USIBC) presents a kind of first-hand account of India’s journey towards easing up its business environment.

In 2016, India moved up several places in the World Bank’s ‘Doing Business’ Rankings. Why the quick leap? In part, because of the government of India’s singular, constant, and relentless focus on making India a welcome destination for Foreign Direct Investment (FDI) and for business.

Prime Minister Modi started, early in his administration…