India needs further economic reforms to attract more investment: IMF

India's concerted efforts to strengthen the business climate and encourage investment in trade have helped attract investment, but the country needs further economic reforms to ensure sustainable and more inclusive growth, according to the IMF. In recent weeks, several international companies have pledged $20 billion FDI in India, and a whopping $40 billion this year so far.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Eftwjb