India Finally Gets Untracked to Seek FDI, Maybe

But leapfrogging into manufacturing is a long and difficult jump

By: Neeta Lal

After three decades since the close of the License Raj with little to show for the effort to woo multinationals to relocate their supply chains from China to India, Prime Minister Narendra Modi, who has been steadily loosening investment restrictions over the past five years, may finally find at least some success.  

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