A consistent reboot and review of reforms is likely to support India in gaining new heights year on year in the ease of doing business index. We have worked with the central government and multiple state governments in establishing a policy and regulatory framework, government process re-engineering, benchmarking with global best practices, development of the national ranking framework for the World Bank doing business index.
India has witnessed remarkable growth in the startup ecosystem over the last five years driven largely by consumerism and digital revolution, talent pool and increasing FDI inflow in the country. We are extremely invested in the startup nurturing and growth programme. KPMG in India is assisting in startup policy modeling, developing SOPs for incubation, generating funds and establishing startup ecosystem connect and incubation networks, building startup touch points.
The global economic climate is fraught with severe ambiguity, volatility amidst COVID-19, fluctuating global oil prices. India has an opportunity to play a larger role in this new economic construction. Our pulsating private sector, our propensity for multilateralism and open economy, skilled workforce will help us play allies in key global trade opportunities. KPMG in India provides trade facilitation, development and promotion support. We help develop trade development strategy, trade missions, assist local firms to go global, develop WTOs trade facilitation agreement compliance programme.
Investment climate in India has improved greatly attributable to the ease of Foreign Direct Investment (FDI) reforms. India continues to be one of the leading favorable destination for investment with relaxation of FDI reforms in single-brand retail trading, contract manufacturing, coal mining and digital media. We assist in lead generation, facilitation and conversion. We help in planning, execution of international and domestic roadshows, regional image building and branding, location advisory and developing investment intelligence systems.