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‘There’s an FDI opportunity because of the virus’
NEW DELHI: Swadeshi Jagran Manch (SJM) has traditionally been opposed to foreign direct investment (FDI) into India. However, Ashwani Mahajan, national co-convenor of the organisation, which is an affiliate of the Rashtriya Swayamsevak Sangh (RSS), now makes a distinction between 'good' and 'bad' FDI. Foreign investment in e-commerce, he holds, is bad because it takes away jobs. On the other hand, he welcomes investments from companies moving away from China — such production shifts would create employment, he told Mint. Edited excerpts of the interview: