There was a time when due
to a number of regulations and licensing practices, India was one of the least
favorable countries in the world for foreign firms who sought a partnership
business in India. But during the 90s, a major change in the government of India’s
stand on foreign investment opened the gates to multination firms from across
the world to set up their shops on Indian shores with relative ease. As years
passed by, India continued to enjoy immense foreign investment as a more
favorable climate was created by the government to attract investors from
developed markets. Read
more….
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