laws formed in parliament does not effect corporate policies. if you(desi) and me(american) own a company, lets say i own 51% and you own 49% of the company, then i have the full authority to set the play book in the indian market. while you have no other choice. all you can do is bow to me...
You are right there. Corporate policies are not affected by laws, making it subjective.
so when are you going to answer my previous question "how Indian companies is not screwed by this?"
Again I haven't made omniscient statement. You couldn't say how they are screwed for sure?
If more competition is going to screw them then be it. Why native consumers should worry about profit margins of desi companies? They are interested to buy goods at lower prices. Its their business management skills that will be tested. Why politics should guard it?
Market is open, they can also raise their capital.
There are rules which will guard domestic interests of Govt
* Fresh agricultural produce, including fruits, vegetables, flowers, grains, pulses, fresh poultry, fishery and meat products, may be unbranded |
* The minimum amount fixed for a foreign investor is $100 million |
* At least 50 per cent of the total FDI must be invested in 'back-end infrastructure' |
* At least 30 per cent of the procurement of manufactured and processed products should be sourced from 'small industry' |
* Compliance through self-certification. Investors need to keep all records |
* Retail sale locations can be set in cities with more than one million population, based on the 2011 census |
* The government will have the first right to procure agricultural produce |