[deleted] t1_iuhlivl wrote on October 31, 2022 at 12:08 PM

Reply to comment by bricengreen in Indian Investments from USA in future by datastoner

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Popular-Pollution-29 t1_iuhmnwe wrote on October 31, 2022 at 12:19 PM

And they'll still be poor as can be.

[deleted] t1_iuhnbde wrote on October 31, 2022 at 12:26 PM

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Popular-Pollution-29 t1_iuhrcpe wrote on October 31, 2022 at 1:02 PM

Their government will pass a law after a US company buys out a Indian company just to make that investment worthless. They do this all the time to keep US tech and retail companies out.

Their middle class can grow but I fear at the cost of corporate profits.

[deleted] t1_iuhside wrote on October 31, 2022 at 1:12 PM

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Popular-Pollution-29 t1_iuhw2r9 wrote on October 31, 2022 at 1:41 PM

Walmart and Amazon didn't have a chance when they invested in Indian. Look into when WMT bought out flipkart. Then the Indian government passed a law to pretty much handicap Walmart and Amazon.

India is what brought down Enron, their loss in India is what they were hiding off their books.

To me any large company, specially non Indian company will have a hard time doing business in India. The Indian government doesn't like change, they fear anything that may cause social economical disruption.