Mr. Vipin Sondhi, MD & CEO, Ashok Leyland Quote on the amendment made to the FDI policy
By Devjeet Saha
April 20, 2020
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“The decision by the Government to amend the Foreign Direct Investment (FDI ) policy to put a blanket ban on investments through the automatic route by entities from countries that share a border with India, is a positive step in these uncertain times. It will enable safeguarding of Indian businesses against opportunistic takeover threats, as they become tempting targets in the current scenario.”