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The October issue of Investors India went in to press in the backdrop of our Prime Minister’s visit to the US, with media houses citing it as a historical and landmark meet. This meet comes on the back of business related bilateral talks and pacts that India recently conducted and signed with Japan and China recently. It seems that it is of utmost importance for our new Government to open India to the world, taking the necessary second step of globalization and expansion. With the Government’s objective to get the manufacturing sector to grow at over 10% on a sustainable basis in the long run, the ‘Make in India ‘ campaign is promoting major incentives to make India an attractive destination for setting up manufacturing bases for global companies. Only huge investments, reduced bureaucracy and better infrastructure can allow this to happen. India is prime for this expansion due to resources like strong and cheap labour capital and expertise, where often the difference comes is in the unavailability of world class infrastructure. India’s aim to spur faster economic growth through infrastructure development and manufacturing is bound to build up investor confidence and bring in much needed FDI. The tax planning season is about to begin and our readers would like to hear more from us about different tax saving options after the last Union budget. Our cover story is based on an in-depth analysis of ELSS Mutual Funds. We have done a comparison of various tax-saving options under section 80C of the Income Tax Act to portray the true picture about ELSS. We sincerely hope you enjoy reading our current issue. Prudent Investing!

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