India needs clarity and certainty on its policies and infrastructure to be inviting to foreign investors in the long term says the global chairman of KPMG International, Michael Andrew.
China is a harder market in comparison to India in terms of growth. India has more negotiation power with the EU FTA because EU needs India. He is positive about the power and the banking sectors in India too. Below is the edited transcript of the interview. Also watch the accompanying videos. Q: Two significant events have happened in the India story; one has been the Vodafone judgement where Vodafone has won against the Indian IT Department, much to the government dismay and disappointment. The other has been the 2G cancellation where the Supreme Court has cancelled 122 licences. While the Vodafone case would have given foreign investors a clarity with regards to the way the tax department functions in India and the way the courts operate in India but the Supreme CourtDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
