Print This Post
16 April 2012, BorneoPost

India scours for foreign investors

Gateway House's Director Manjeet Kripalani was quoted about foreign investment in India in the Borneo Post, an English-language daily newspaper in the island of Borneo. She gives her opinion on the government's tax policy for foreign investors in India and the inefficient reform process.

post image

NEW DELHIBusiness consultant Adrian Mutton says it takes courage for a foreign corporation to make a big-ticket investment in India given the uncertainties thrown up by capricious twists in government policy.

Companies had long griped about India’s byzantine rules and suffocating bureaucracy but recent policy flip-flops had further soured the investor mood.

“You have got to be a pretty brave CEO to gamble on a major investment decision in India especially if you think that decision may be overturned,” said Mutton, who heads India-based Sannam S4, a consultancy which helps firms enter India.


TAGGED UNDER: , , , , , , , , ,