Connecting Businesses with Opportunities in India

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March 2, 2016

Prime Minister Modi Said, "There are immense opportunities in India. In the manufacturing sector, we have taken decisive steps to simplify processes and rationalise provisions.  This includes licensing, cross-border trade, security and environmental clearances. We have announced attractive schemes in several sectors, including electronics and textiles."

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Other than the challenge of someone recording moveis from the laptop and selling them, I am very sure that Netflix will do very well in doing business in India.

This also means that Internet service providers will also make lot of money especially from the plans that will support HD video quality.

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How did China do it? What lessons does China's experience hold for India? We discuss four policies which helped China's emergence as the world's factory and their relevance for India.

  • Building Infrastructure “Ahead of Time”
  • Letting Selected Industries and Regions Take the Lead
  • Sharp Reduction in Barriers to Inbound FDI
  • Investment in Skill Development

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"Based on the recommendations of Foreign Investment Promotion Board (FIPB)... Government has approved 16 proposals of Foreign Direct Investment (FDI) amounting to Rs. 6750 Crore (US 10.7 Billion)" Finance ministry said in a statement.

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