Though service sector is performing good in india. dream of indians to see india into elite country list is highly depends on manufacturing sector. because this sector can absorb more population and it is highly stable. but now this is depends on how we use the international production sharing network.but as of now , main obstacle to manufacturing sector is low FDI. in order to absorb more FDI to india , we needs improvement in following areas...
* improve the gateway infrastructure like port, harbour, channel
* custom procedure changed into electronic data interchange
* more development in risk management system
* internal transport infrastructure
* improvement in traffic congestion
* dedicated freight connection, road network
* uninterrupted supply of high quality power supply
* easy land acquisition
* more national manufacturing zone
* liberal labour and contract law
* reduction in corporate tax structure
* uniform simple tax structure
this are few area's we need to concentrate to boast our FDI .
* improve the gateway infrastructure like port, harbour, channel
* custom procedure changed into electronic data interchange
* more development in risk management system
* internal transport infrastructure
* improvement in traffic congestion
* dedicated freight connection, road network
* uninterrupted supply of high quality power supply
* easy land acquisition
* more national manufacturing zone
* liberal labour and contract law
* reduction in corporate tax structure
* uniform simple tax structure
this are few area's we need to concentrate to boast our FDI .
