The Biden administration must be alarmed by the recent decisions by several foreign corporations to either pull out of the Indian market or put their long-term plans on hold. The U.S. has, for years, hoped to assist India’s rise as a way of checking China’s growing power. But even though India is the world’s fastest growing major economy, its economic policies continue to disappoint American, European and Japanese officials and investors. In this episode of the Business Tit-Bits, our Business Editor Mr AKhilesh Bhargava shares his take on the matter.
Business Tit-Bits: From Pause To Exit| FDI| US Investment |
The Biden administration must be alarmed by the recent decisions by several foreign corporations to either pull out of the Indian market or put their long-term plans on hold. The U.S. has, for years, hoped to assist India’s rise as a way of checking China’s growing power. But even though India is the world’s fastest growing major economy, its economic policies continue to disappoint American, European and Japanese officials and investors. In this episode of the Business Tit-Bits, our Business Editor Mr AKhilesh Bhargava shares his take on the matter.