The Indian government recently announced new guidelines for foreign direct investment (FDI) to enhance the ease of doing business in the country. These guidelines aim to attract more foreign investors by simplifying the FDI process and reducing compliance requirements. The changes include allowing 100% FDI in various sectors such as insurance intermediaries, coal mining, contract manufacturing, and single-brand retail trading. Additionally, the government has relaxed local sourcing norms for single-brand retailers. These reforms are expected to boost investment inflows into India and promote economic growth. The move is in line with the government’s efforts to make India a more attractive investment destination and improve the country’s ranking in the World Bank’s Ease of Doing Business index. Industry experts have welcomed the new FDI guidelines, stating that they will encourage foreign companies to establish a presence in India and contribute to job creation and technology transfer. Overall, the revised FDI policy is seen as a positive step towards attracting more foreign investment and spurring economic development in India.