Foreword
The post-pandemic era will define how we conduct business and
inherently shape our economy. With nations battling the largest
healthcare crisis of recent times, the global economy has suffered.
The suspension of global trade highlighted the gaps in the supply
chain, and the need to diversify sourcing and production. Despite
the challenging time, India appears as an optimistic hotspot for
investment.
The Indian Government has relaxed certain reforms to enable
higher Foreign Direct Investment (FDI) in varied sectors and
digitally optimized the business environment for ease of doing
business. After the successful introduction, establishment and
subsequent amendments of Goods and Services Tax (GST), indirect
taxes have now been streamlined to bring in greater transparency
and simplification. The country continues to follow the initiative
of 'Make in India' and 'Aatmanirbhar Bharat', a
self-reliant blueprint that encourages consumption of home-grown
brands