‘India can unlock big FDI gains, if…’: Raghuram Rajan shares simple idea to attract foreign investment as firms exit China
Raghuram Rajan suggests India can attract foreign investment. Multinational firms are reviewing supply chains. India must offer stable policies and reforms. Rajan advises against relying on subsidies. He emphasizes proactive reforms for global investors. Bilateral agreements can compensate for lack of major trade deals. Rajan sees Trump's message to Apple as negotiation. China may help control global inflation.