Supportive
Not all FDI is the same: The country must rejig what statistics capture to focus on the right kind
India's FDI statistics obscure the critical need for export-oriented manufacturing investment, which is vital for job creation, dollar earnings, and currency defense. Current inflows largely target the domestic market, unlike successful models in Vietnam. The authors advocate reclassifying FDI data to highlight manufacturing, distinguishing it from temporary capital. They propose a task force to attract 30 anchor companies from East Asia and Europe, offering market access for global production. Engaging China for technology transfer and export commitments is also suggested. This strategic shift could significantly boost India's exports and strengthen its economy.
LiveMint · Ashish Dhawan, Piyush Doshi · Aug 18, 2026 at 8:30 AM