06 March 2014
Individuals and businesses routinely face demands for bribes leading to calls for government reform
Low labour costs and a stable political climate make India one of the most popular countries for foreign investment. Its economy has been liberalised over the last 20 years and successive Indian governments have actively pursued business-friendly policies. The country has an efficient financial system, good railroads and a convenient location on a number of shipping routes, making it highly attractive to global businesses wishing to expand into new markets.
However, a combination of...