Share.

11 Comments

  1. STCG tax, LTCG tax. Why would anyone sane invest in such a market? Vietnam is a much a better investment hub atp.

  2. AdNational1490 on

    Indian govt wants investment in the country but also wants to tax everything, you can’t have both the boobies in your mouth.

  3. No_Excitement_1540 on

    A part of it is also the security of the employees. From what we hear from a few of our customers that are (still) in India, they feel “unsafe” to send especially female personnel down there…

    In this, too, Viet Nam is a better location…

    Three IT labs I was part of setting up 10+ years ago in Bangalore have moved out of India in the last three years, two to VN, actually, one went back to Germany.

    Two of them had the “personnel security” issue… And remember, that was in Bangalore, a city deemed rather safe…

  4. Evenstar6132 on

    On a semi related note, I was in India recently for a short business trip and omg the visa process was asinine. My e-visa was rejected twice for some stupid reason even though everything was correct. I ended up applying for an arrival visa with the exact same info and I got in without an issue. What??

    I’ve been to many countries but India was the only country that seemed hellbent on making it difficult for foreigners to do business there.

  5. Financial_Sport_6327 on

    I mean, India has religious fascists in power, nobody in their right mind should be doing business there until the political landscape changes.

  6. SmashStrider on

    They’re trying to invite investors while making it hard for investment to actually happen.

  7. batman8990777 on

    My Russian female friend visited India for agri investment

    some men were loudly shouting: 6000 rupees

Leave A Reply