Greetings from Management Association GFGC Punjalakatte Welcome to the 2nd issue of volume 1 of Arthapunja. Apart from being a critical driver of economic growth, Foreign Direct Investment (FDI) is a major source of non-debt financial resource for the economic development of India. Foreign companies invest in India to take advantage of relatively lower wages, special investment privileges such as tax exemptions, etc. For a country where foreign invest- ments are being made, it also means achieving technical know-how and generating em- ployment. The Indian government’s favorable policy regime and robust business environment have ensured that foreign capital keeps flowing into the country. The government has taken many initiatives in recent years such as relaxing FDI norms across sectors such as defense, PSU oil refineries, telecom, power exchanges, and stock exchanges, among oth- ers. Corporate Idol of this issue is OYO Rooms founder and CEO Ritesh Agarwal, Fin term is Family of funds, Trend plot is focusing on Geographical Indications of Karnataka state. We seek for your valuable feedback and effective suggestions at
[email protected] Thanks & Regards, Editorial Team OYO Rooms founder and CEO Ritesh Agarwal may seem young for a successful entrepreneur, but this shouldn’t surprise anyone who knows him. Agarwal began coding software at just eight- years-old, and by thirteen had his own SIM card-selling enter- prise. At 17, he authored The Encyclopedia of Indian Engineering Colleges, which went on to garner massive sales. That same year, he joined Worth Growth Partners as the youngest CEO in India. Though he would go broke soon after, he remained undeterred in his passion for entrepreneurship.