They are becoming internationally competitive.ĥ. Several Indian companies have entered into joint ventures with foreign companies. Indian industries and financial institutions have undertaken investments abroad. Policies in areas of foreign investments have attracted inflow of foreign capital especially in sectors like electrical equipments, services and telecommunication.Ĥ. ![]() Exports have increased so also has the volume of trade.ģ. ![]() This has shifted the focus of enterprises to the actual business of production thus lowering project costs.Ģ. ![]() Delicensing, removal of government restrictions on industries and liberalization of foreign investments have reduced the time and money spent in formal procedures for obtaining approvals from the government.
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