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India's gearing up to be the new China, but even Elon Musk is finding it hard to crack into the market. Here are 5 reasons why. (www.businessinsider.in)

submitted 1 year ago by modi@kbin.social to c/india@kbin.social

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India has overtaken China as the world's most populous country, and it's pushing for foreign investments. But foreign investors interested in India face barriers in the form of red tape, high tariffs, powerful tycoons, and a national push for self-reliance.

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[–] xuxebiko@kbin.social 1 points 1 year ago* (last edited 1 year ago)

Tbh, the PM & HM have been working overtime to overturn Indian democracy and bring in China-style one-party one-person rule. So at least in that respect, we're 'gearing up to be the new China'.

Let's all ditch 'Namaste' and practise 'Ni Hao' to aid in their grand effort.