As pointed out by very well informed people here,
re
1. ESI , India
2. "Quality & safe' brand precedes 'cheap & nasty', esp in China, Japan, Korea.
-
To build a Factory in India:
Even if they have lignite of similar quality & quantity, and labor cost is cheaper, its never an easy place to do business or start a factory.
Why?
Before PM Modi was elected in 2016, you need to hire a local agent running around to get 143 'approvals'
I think, today you need 25 to 40 ?
.
Want to start power plant? Go, get 143 approvals - Times of India
timesofindia.indiatimes.com › Business › India Business
Jun 27, 2014 - How easy is it to
set up an integrated power
plant in
India?
.
Narendra Modi govt eases red tape but foreign firms still struggle ...
www.livemint.com › Companies › Management
May 15, 2016 - Narendra
Modi govt eases
red tape but
foreign firms still struggle .
"
But India ranks 130 out of 189 on the World Bank’s Ease of Doing Business index—the worst of all G20 countries.
Regulations vary capriciously across its 29 states, where even the same law can be interpreted in bafflingly different ways.
“It is a hassle, it’s a pain, the amount of (tax) bills we get, the number of licences we need,” the India head of one major European retailer told
AFP on condition of anonymity.
“Any store that we open, there are between 25 to 40 licences. It’s just a mess.”
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Have fun! Namaste!
