The level of foreign exchange reserves was at $ 429 billion on September 13, 2019, sufficient to cover close to 10 months of imports or 21 months of debt of residual maturity up to 1 year. The Indian economy remains a preferred habitat for foreign direct investment (FDI) and is among the top 10 destinations for greenfield projects (Source: FDI Report, Financial Times, 2018).
So it is important to have strong frameworks for the quality and sufficiency of reserves and risk management and governance.