No FDI love? Apple, Amazon show 2 faces of India's quest to lure investment

India definitely needs to attract investments in manufacturing and other sectors

As the US-China trade war triggers the biggest rethink of supply chains in a generation, the world’s fastest-growing major economy with hundreds of millions of young and cheap workers should be atop the list of potential beneficiaries. And yet India isn’t getting such love, with foreign direct investment actually declining over recent months.

That’s a riddle partly explained by pre-election caution as investors move to the sidelines while Prime Minister Narendra Modi’s ruling Bharatiya Janata Party squares off against the opposition Indian National Congress. But the other explanation lies in the recent past, with local opposition and politically-inspired protectionism getting