I think India fosters a deep mistrust of foreign capital. We experienced centuries of foreign rule, because the rulers allowed foreigners to own businesses in their territory.
This cultural learning pushes us to make entry into India difficult and exit nigh impossible. The case of general motors journey reflects this.
All these protections must go. Otherwise, we will never learn.
I think India fosters a deep mistrust of foreign capital. We experienced centuries of foreign rule, because the rulers allowed foreigners to own businesses in their territory.
This cultural learning pushes us to make entry into India difficult and exit nigh impossible. The case of general motors journey reflects this.