Before 90s with all those protections, Indian companies had become sloths. The economy was in bad shape and the govt had no option but to open up for foreign investors/companies.
If anything, foreign investment/companies have brought better days for Indian customers, even though it means more money draining out to US.
Those industries that are still protected(eg. There are no foreign universities) are still in bad shape.
If anything, foreign investment/companies have brought better days for Indian customers, even though it means more money draining out to US.
Those industries that are still protected(eg. There are no foreign universities) are still in bad shape.