India: Directing the traffic
Changes to the regimes under which investments can be made in and by Indian corporations have the potential to prove a major spur to growth. Kishore Joshi and Vijay Sambamurthi report
Since the Government of India introduced changes to its foreign investment policy in 1991, inward investment by foreign entities has played a major role in the growth of the Indian economy. India’s large market, skilled manpower, significant English-speaking population, political stability and efficient banking system have been critical factors in the continued growth of foreign investment ever since.
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