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Rationale Behind the e-Conference 

In recent months, India has emerged as one of the top choices for foreign investment by MNCs and it is being touted as the next international hotspot for foreign companies in the light of geopolitical developments like the “plus one” strategy. The major structural reforms such as corporate tax cuts, ease of doing business measures, simplification of labour laws, FDI reforms, and focus on human capital have emerged as the top drivers for attracting foreign investment. On the back of such reforms, MNCs have been actively supporting the developmental imperatives of India.

As the Indian economy strives towards the goal of becoming Atmanirbhar and digital leapfrogging, MNCs' role in the mission will be even more vital. Besides meeting the growing investment appetite of the economy, they would be required to offer greater employment opportunities, induce greater technology inflow, transmit global management practices and continue contributing to flagship government initiatives such as, 'Startup India', 'Smart Cities' and CSR activities. For MNCs to  be able to deliver their full potential in growth and development of the Indian  economy,  it  would  be  critical  that  we  recognize  their contribution to the country, provide them with a conducive regulatory environment and growing space to work shoulder to shoulder with domestic companies.

With this as the backdrop, the National Conference will deliberate on major regulatory reforms undertaken by the government for MNCs, value addition made by international firms to the Indian economy, areas for augmenting their role further and crucial policy areas requiring redressal. It will also identify a sustainable action plan for improving the business environment for foreign companies across various sectors. This e-Conference will prove to be useful to all stakeholders, including policy makers, and pave the way for higher contribution of MNCs in India's growth and development.