Banglahant Desk: Modi (Narendra Modi) government to leave China (China) to India (India) companies 4. It is preparing to give 1 lakh hectares of land. We have seen before that Yogi in Uttar Pradesh wanted to work with a US company. The situation has become such that more than 1000 foreign companies are willing to leave China and come to India.
All countries are angry with China
Almost all countries are still angry with China. The US has also signaled to its agencies that they should leave China and come to India. India is building a land pool that will double the size of the European country Luxembourg and three times the size of the country's capital Delhi to build new industries in the country. 1 lakh 15 thousand 131 hectares of land will be in Andhra Pradesh, Gujarat, Rajasthan and Tamil Nadu.
The Modi government wants the help of all the state governments
The Modi government is working with the state governments to make this a success. However, there is a problem in this case. Transparent and fast land acquisition is one of the reasons for the increase in FDI. Rahul Bajoria, a senior economist at Barclays Bank's PLC, said it was a measure of ease of doing business and therefore needed to adopt a more comprehensive approach to providing easy land.
The idea of these companies leaving China has become entrenched
Among them are a thousand foreign companies that are looking to start production in India. Among these companies, the ‘Exit China’ mantra has further strengthened the idea of leaving China. They want to do business in India with medical devices, electronics, highway engineering, solar equipment, food processing, chemicals and textiles.