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Long power blackouts, uncertain tax rules and contracts that are not honored make it difficult to do business in India, stated by a senior Dell Inc executive.
It is found, India's economy is growing at its slowest pace in nearly a decade, with stubborn inflationary pressures and high interest rates.
Amit Midha, President of Asia Pacific and Japan for Dell has recently shared his views that doing business in India is difficult because of one basic problem i.e. the presence of too many decision makers.
Midha further added, there is a lack of clarity in recent proposals aimed at targeting tax evasion, including retrospective taxation on foreign corporate deals involving Indian assets in India. These kind of problems used to panic foreign investors.
Presently, Dell has operations in eight cities in India, where it has had a presence since 1996. With 27,000 employees, India is Dell's biggest employee base outside the United States.
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Tags: Dell, Dell India, Business in India, Dell business in India, IT news, latest IT news | | |
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