ET Awards' Agenda For Renewal 2011: Woo foreign investment and investors with big and small measures

India needs modern retail. There could be an argument about FDI in retail, but there is really no debate about the need for modern retail. Cold-storage and faster movement of perishable commodities will help farmers and consumers. All of this could be done without FDI, but the entry of Carrefour, Walmart, Tescos of the world will make this faster.

While big moves like opening up FDI in more sectors will create an environment that is conducive to foreign investment, India also needs several smaller improvements like easier visa and immigration rules, faster permission for chartered flights and business jets of global executives to land. India should make foreigners and companies feel that it is easy to do business here.

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