The Federation of Indian Chambers of Commerce and Industry (FICCI) has appreciated government's decision regarding liberalization of FDI norms. FICCI Secretary General Dr. A. Digar Singh said the simplification in the investment policies in sectors like defence and aviation is a positive step for the economy.He said the move will help in ease of doing business. The Confederation of Indian Industry (CII) has also welcomed the decision. CII Director General Chandrajit Banerjee said, it will attract new investments across major sectors which will boost growth and employment opportunities. He said the decision affirms that India is open for business from the world, and will contribute greatly to investments and development of the country.