Don't see things progressing in India, no plan to invest there: Lakshmi Mittal

[Bhadra]

Re: Don't see things progressing in India, no plan to invest there: La

Laxmi Mittal though is a venture / crony capitilist ...

 

[tramp]

Re: Don't see things progressing in India, no plan to invest there: La

Maybe his case is an issue of sour grapes. Maybe a bigger crony like Ambanis may have trumped him to the trophy. But it only shows how Indian system is still not in tune with the international standards in making itself favourable to investors. Let us spare the messenger and focus on the message.

 

[SPIEZ]

Re: Don't see things progressing in India, no plan to invest there: La

The Government needs to bring it's house in order, so that we can get the much needed investment in India.

It is the investment in Industries and Infrastructure that is urgently required not in Retail malls like Wal Mart.

I think in this particular case the problems persist with availability of Land, requirement of resources like coal etc., expected Sales. With problems in the coal sector and industrial output being low, dont think such a plant will invest right now in India.

 

[arya]

Re: Don't see things progressing in India, no plan to invest there: La

he is half right but we have to see all the things , farmer landowner are equall important .

Well i wish govt will resolve his issue on snort time .