There is a need to clearly define the focus areas which could Internet of Things, Artificial Intelligence, agriculture and food logistics, Liquefied Natural Gas production and distribution, warehousing, and e-auto rickshaws.
There is a need for political stability in states as policy predictability is essential for attracting investments.
Constant improvement of human resource can lead to higher investments.
Image building is extremely important for attracting investments and must be supplemented by extensive outreach activities.
Infrastructure should be constantly improved. A robust industrial and infrastructure policy must be put in place.
There is a need for investment facilitation in terms of effective follow up mechanisms and single window clearance.
Enacting a separate law on the ‘ease of doing business’ (like Tamil Nadu) and formulating a separate council on the lines of GST council would go a long way.
MSME sector must be made more productive to reap the actual benefits of investments in the economy.