While India’s business climate has been continuously improving since 2014, India must study and bring new reforms to overcome its slow judicial process, complex compliance burden and inefficient logistics, to become an economic force to reckon with.
India’s main Brahmastra to attract investment in the country is its cheap labour. However, it has to understand that this is also offered by many other Asian countries. So, the only hope we can have from the government is that it will bring solid reforms soon to create a conducive business environment.