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The adage in India is that if you want to set up shop in china they roll out the red carpet. If you want to set up shop in India, they roll out the red tape.
by missedthecue 6y ago
The adage in India is that if you want to set up shop in china they roll out the red carpet. If you want to set up shop in India, they roll out the red tape.
- tyre 6y agowhy do you think this is? The Jio piece posted here a few days ago (stratechery, I think) made a point of Indian national pride, control, and home-grown expertise playing a large role. Is that the case with new businesses generally?
- unmole 6y ago> why do you think this is? Because the fundamental nature of Indian politicians is socialist and statist.
- dartharva 6y ago> Because the fundamental nature of Indian politicians is socialist and statist. That seems to have changed significantly now, after all a right-wing party has been in power since 2014. It seems to fit well with a lot of the private sector, and it did open up many entrepreneurship schemes too.
- econcon 6y ago>why do you think this is? Vodafone knows something about this.
- 4silvertooth 6y agoMaybe because the history it has, once there was a company the East India Company, and it took them generations to get them out.