The COVID-19 crisis has given India the best chance to attract foreign firms, says the top business advocacy group

Facebook’s $ 5.7 billion investment in Reliance Jio in the midst of the coronavirus pandemic is a reflection of the faith that foreign companies have in the Indian economy’s potential and future growth, a top US-based India-centric business advocacy group has said.

Also read: Facebook, Jio to work on ‘major projects’

In an interview to PTI, US India Strategic and Partnership Forum (USISPF) president Mukesh Aghi said the COVID-19 crisis has offered India the best opportunity to attract foreign investment and replace China as the world’s manufacturing hub.

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