Re:I tried starting a manufacturing unit in India
by pratik661 on Monday August 10, 2020 @11:25AM
(#24110291)
I'm sure u/eklavya is aware that this is the problem in India. This is why entrepreneurs with low political influence participate in low capital businesses (ie import export). They move into more capital intensive businesses (ie oil refineries) only when they have bought political influence.
It makes sense right? Why invest capital when you risk losing the value of your investment due to arbitrary bureaucratic hurdles like the ones faced by OP? This is the strategy Relience used in the past.
Re:I tried starting a manufacturing unit in India
by eklavya on Monday August 10, 2020 @11:39AM
(#24110444)
Ummm, how did you arrive at the conclusion that I am offering influence political or monetary or whatever? I am embarrassed now since I can't offer any of that :P
Re:I tried starting a manufacturing unit in India
by praveen9920 on Tuesday August 11, 2020 @04:18AM
(#24118288)
Haha. Probably I misunderstood
My point was that an individual should be able to conduct his business without someone handholding ( who is not stakeholder or partner or employee )
this is the problem in india. Should one know someone influential to get things done honestly and ethically?