https://qz.com/the-number-of-active-for ... 1849404393
The number of foreign companies active in India is declining
Foreign companies may be losing interest in India.
While more of them have registered in the country—up 11.4% since 2017—fewer are active compared to then, Business Standard reported today (Aug. 12). The newspaper cited the corporate affairs ministry’s data
Between 2014 and November 2021, up to 2,783 foreign companies left India, commerce and industry minister Piyush Goyal told parliament late last year. These include Metro AG, Holcim, Ford, Royal Bank of Scotland, Citibank, Harley-Davidson, among others.
https://economictimes.indiatimes.com/ne ... 170984.cms
“India’s struggle has been its inability to simplify regulations. Complex framework causes confusion and proves to be tedious for investors. However, simplification leads to exploitation and tax leakage. India needs to find a healthy balance that will be attractive to MNCs,” Neeraj Agarwala, a partner with Nangia Andersen, told the Deccan Herald newspaper.
https://www.deccanherald.com/business/b ... 19422.html
https://indianexpress.com/article/busin ... s-8035446/
US ‘must be alarmed’ by foreign companies exiting India: Hudson directors
In an opinion piece published by The Hill, Washington-based Hudson Institute directors Hussain Haqqani and Aparna Pande have posited that the Joe Biden administration “must be alarmed” by the decisions of several foreign corporations to either pull out of the Indian market or put their long-term plans on hold. This assumes significance, particularly, because for years the US has hoped to enable India’s rise “as a way of checking China’s growing power,” they wrote.
https://finance.yahoo.com/news/why-indi ... 00574.html
Why India can't kick its addiction to Chinese electronics
https://economictimes.indiatimes.com/sm ... 291435.cms
Global uncertainties pushing manufacturing towards India: Kuehne+Nagel’s Coen Van Der Maarel