Simple Reason Why India Attracts More Foreign Investment Than Pakistan

India's Commerce Minister Piyush Goyal is facing heavy criticism after telling business leaders that India gets more foreign investment than countries like Pakistan since Indian workers never stop at five o'clock and never ask for weekends off.

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Simple Reason Why India Attracts More Foreign Investment Than Pakistan

India's Commerce Minister Piyush Goyal is facing heavy criticism after telling business leaders that India gets more foreign investment than countries like Pakistan since Indian workers never stop at five o'clock and never ask for weekends off.

Article outline

  1. What happened
  2. Official response
  3. Reaction
  4. The bottom line

Key points

  • Congress leader Karti Chidambaram called Goyal's remarks as "ridiculous to tout our lack of professional work hour boundaries as strength." US Wants More Influence Over Pakistan: Rubio.
  • Goyal created the remarks during a visit to Germany and the Netherlands aimed at attracting investment.
  • India has been pushing hard for European investment, and is additionally set to gain EU trade benefits that could come at Pakistan's expense.
  • He pressed Dutch businesses to "invest, co-manufacture and co-innovate in India" in sectors such as manufacturing, renewable energy, semiconductors, green hydrogen, logistics, and food processing.
  • Obtain the latest business news, market insights, and economic updates wherever you prefer.

"Indians want to work hard. Nobody in India will tell you it's five o'clock. And certainly no Indian will ever remind you it's the weekend, " Goyal remarked while addressing the India-Netherlands Business Forum in The Hague on October 27, in a video clip that has since gone viral.

He continued that India offers "economies of scale" that would assist businesses grow "into a dimension you probably can never even imagine." Pakistan Closes Airspace to Taiwanese Airlines in Backing of China. Goyal Was Pitching India to Dutch Investors.

Goyal created the remarks during a visit to Germany and the Netherlands aimed at attracting investment. He co-chaired the business forum. It was attended by around 200 business representatives, and met executives from ASML, Nexperia, Power2X, and IKEA's parent Ingka Group.

Meanwhile, the comments triggered a solid backlash on Indian social media. Plenty of Indians accused the minister of selling Indian workers as cheap, servile labor rather than skilled professionals.

"A minister just pitched Indian workers as people who have surrendered the right to rest, " one user wrote on X, pointing out that the International Labour Organization ranks India among the world's most overworked nations.

Congress leader Karti Chidambaram called Goyal's remarks as "ridiculous to tout our lack of professional work hour boundaries as strength." US Wants More Influence Over Pakistan: Rubio. The minister's remarks have reignited India's long-running debate on work-life balance.

While L&T Chairman SN Subrahmanyan afterwards called on 90-hour weeks, including Sundays, in 2023, Infosys co-founder Narayana Murthy drew similar criticism for urging young Indians to work 70 hours a week. Stay Connected with ProPakistani.

Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.

Taken together, the developments around simple Reason Why India Attracts More Foreign Investment Than Pakistan point to a situation that is still moving, and the coming days should bring more clarity.

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