Businesses in India need to prepare for any escalation in the COVID-19 outbreak; measures taken by authorities will likely get enforced with little or no notice.
What India is doing to help its economy recover from the COVID-19 induced crisis and attract prospective foreign investors.
An Introduction to Doing Business in India 2020 is available as a free download on the Asia Briefing Bookstore.
India is planning stricter checks on foreign portfolio investors from China and Hong Kong as the government is concerned about their influence on local firms.
India could be a focal point for major infrastructure and trade routes with China, and by proxy, a major (unofficial) player in China’s Belt and Road Initiative.
India wants foreign companies seeking to move out of China to choose its investment shores and has promised easy land availability. But will this be enough?
India has the benefit of scale and lower costs to become a new hub for global manufacturing in the post COVID-19 world economy.
India’s COVID-19 lockdown has extended to May 3, but certain economic activities will be allowed to resume from April 20.