Why isn't manufacturing coming to India? Deficient reforms, says World Bank

It’s going to take more than low corporate taxes to lure investors to India.

Rigid land and labor laws and protectionist trade policies are hindering investment in India even though the government has made strides in improving the ease of doing business, according to the World Bank.

“What inhibits are restrictive regulations which affect its land, labor, logistics and also its policies which affect trade and goods and services,” said Aaditya Mattoo, an economist with the World Bank and co-author of the World Development Report 2020 on global value chains. That’s why the production that has relocated from China due