American entrepreneur and capital investor Timothy Cook Draper has now voiced concern amidst the furore over the Citizenship Amendment Act (CAA) in the country. He said that he is worried about what is happening in India and he has to think seriously about his investment plans in India.
Investment may be affected Actually Timothy Cook Draper is an American capital investor, along with Tim Cook the founder of Draper Fisher Jurvetson, Draper University, Draper Venture Network, Draper Associates and Draper Goren Holm. He wrote in the tweet, 'Whatever is happening in India about religion is a matter of concern and I have to think of a plan to fund business there now.' Cook's statement indicates that he can pull back by investing capital in India.
Government of India needs to think In fact, the Modi government has set a target of $ 5 trillion by 2024 for the Indian economy. And in this link, India needs foreign investment on a large scale. Recently, when PM Modi was on an American visit, he invited investors from there to do business in India. In the appeal of PM Modi, many American capital investors are turning towards India. But now after the Citizenship Amendment Act is enacted, the way it is being opposed across the country, the economy can also get a shock. In such a situation, the central government now needs to win the trust of foreign investors.
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