COVID-19: An opportunity for speedy economic reformPublished By: CNBC TV18
A post COVID19 world will be increasingly insular, risk-averse, and fragmented. Investors are expected to spread risk and relocate manufacturing. A trend already visible — with global businesses looking for new bases in Thailand and Vietnam. On paper, India with strong democratic, business and legal fundamentals ought to be a natural choice. However, there is a sense that this capital may bypass India. To avoid such a situation, we need to visit the key reasons that could deter this new capital.