Bengaluru, Feb. 12 -- India is committed to fostering a welcoming investment climate, ensuring a predictable policy environment, and eliminating bureaucratic hurdles, defence minister Rajnath Singh announced at the inauguration of Invest Karnataka-2025 in Bengaluru on Tuesday.

He assured global investors that the country has moved past the era of policy uncertainty and red tape, embracing a market-driven economy where the private sector plays an important role.

"Earlier, investors had to navigate layers of bureaucratic challenges. However, the scenario has transformed. Today, we no longer present red tape to investors; instead, we roll out the red carpet," Singh said. He added that at all levels of governance-central, state, and local-t...