Showing posts from December 7, 2014

Doing business in India: the Uber experience

India's sales pitch is "Come and do business here," but the actual experience for foreign firms is often hostile. The banning of Uber is merely the most recent example. Times of India TIMES VIEW today says, "This paper has reported that the entire police verification exercise is more often than not a cosmetic exercise if not a complete sham ... (The ban on Uber) flies in the face of the Modi government's avowed efforts to make it easier to do business in India." Chetan Bhagat advises, "Fix the country itself first. Then, when we are really ready for business, sell."