INVESTMENT IN INDIA - BOON OR BANE?


An investment in a developing country (like India) is must for its economic growth. It could be foreign or natives. A foreign investment is an investment in a form of a controlling business in mutual consent with government. Presently India is known as the most important player in the global economy. Initially China was a manufacturing hub but due the outbreak of COVID-19 the big companies started pulling off their set ups and that time India appeared a promising land to them. Rather many international companies on request of the Indian government visited many places in India, and the best example is Tesla. Foreign investments bring economic growth to the country and also enhance the employment. They are more or less impressed by the ways and policies of the government in handling their own native investors who are the backbone of the country. But in these recent days we came to know about Mr. Adar Poona Walla, CEO of SII (serum institute of India) biggest vaccine manufacturer in the world. He had done so much for the country in its toughest time in 2019 when COVID-19 first appeared in India. He came up with lifesaving indigenous vaccine and its allocation is totally under central governments hand he cannot distribute vaccine on his own. But to his dismay he got threatening calls from the riches and goons demanding vaccine unethically. This immense pressure made him flew to London to save his life. Didn’t he feel secure in his own country? Probably yes! This entire incidence was narrated by Mr.Poonawalla to a journalist in London. The question here is how the foreign investors would ever believe our system and policies, how would they feel protected when our very own tycoon has left India and is coming up with a new set up in another company. Are we demeaning our own image by setting an example like this? 

"WHEN YOU RESPECT YOURSELF, THEN OTHERS WILL ALSO RESPECT YOU."

We should always follow this mantra to be successful.


This article has been submitted by:-

Vaanya Meherda – VII Grade

MGD School, Jaipur

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