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India might have been on a steady path of liberalization since the 90s, but it is still fundamentally a big-government country. There is a ridiculous amount of
by dartharva 4y ago
India might have been on a steady path of liberalization since the 90s, but it is still fundamentally a big-government country. There is a ridiculous amount of red tape every business has to go through to operate from and in India, and when it comes to tech regulation it tends to be just as trigger-happy to impose abrupt disruptive orders on businesses as the EU, if not more. India gets all this investment because it gets fancied as the next best alternative to China (in cheap labor), not because it is convenient or conducive to foreign players. India's ease of doing business is rather horrible in today's standards.