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Corporates look past India's cash crisis, praise PM Modi's reforms

Business leaders termed this disruption caused by demonetisation move as temporary

Reuters  |  Gandhinagar 

Business leaders from around the world attending an investment summit in the Gujarat this week cheered Prime Minister Narendra Modi's reforms, and said the disruption caused by his radical demonetisation move should be temporary. Executives at the week-long, biennial Vibrant Gujarat Summit held in Modi's home state said the tide was turning on investments into India, although some complained the approval process remained prohibitively slow. Modi has promoted a business-friendly agenda since coming to power in 2014, and his reforms have helped turn India into the ...

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First Published: Fri, January 13 2017. 17:36 IST
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