About the Book: Business Environment in India
Indias business environment has improved considerably after the initiation of
economic reforms in early 1990s. Domestic and foreign investors are finding it
easier to do business after the reforms, which are aimed at reorientation of the
centrally-controlled economy to a market-oriented one in order to foster greater
efficiency and growth. This is being done by introducing greater competition in
the economy through progressive internal deregulation accompanied by foreign
direct investment and trade liberalization. However, the turmoil which surfaced
in the US financial system has also adversely hit the Indian economy. Compared
to other emerging economies, India has several strengths that can