Monday, May 4, 2015

India should make foreign investment more friendly

Open the market to all investors, eliminate exchange controls, dismantle protectionism and remove subsidies. These would make big differences in India.

I do not believe foreign investors have significant issues about setting up new subsidiaries in India. It is fairly inexpensive to have lawyers organize a new company, obtain necessary approvals, tax-related registrations, appoint directors, open bank accounts.