Vietnam open for business, but will India Inc cash in?

The south-east Asian nation's growing prosperity offers huge opportunities, but India Inc is yet to cash in

A few weeks ago, Samsung invited Prime Minister Narendra Modi to inaugurate what the South  Korean giant said would be its largest mobile device factory in the world in the outskirts of Delhi. The investment tag: just under Rs 50 billion.  

Yet some 3,000 kilometres away in Vietnam, the South Korean chaebol has already pumped $17.3 billion (Rs 1,092 billion) in eight factories, a large part of it for mobile phones, making them one of the largest investors in that country. 

Thanks to these companies and attractive incentives provided by the government (from cheap land, tax holidays, great infrastructure in