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Will privatisation mean selling Indian industries to foreigners?

April 26, 2017foreigners indian industries mean privatisation Selling

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Will privatisation mean selling Indian industries to foreigners?

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So far, in the three Central Government privatisation, all three strategic investors are Indian firms. Even so, there is no need for worry. When a foreigner invests in India, his company comes under Indian laws, made by the Indian government, elected by Indian voters. He employs Indian workers and pays taxes to the Government of India. He brings new investment and new technology to India to the benefit of the economy as a whole.