Letters: How not to do business

This refers to the article “Love them, love them not” (February 14). The bitter fact is that according to Citigroup’s “India Equity Strategy” report, India is set to lose its low-cost economy status. There are various reasons: lack of infrastructure, power shortages, high-tax regimes, government delays and administrative corruption. On the other hand, countries such as China and Japan have good infrastructure and sufficient power supply. Also, there are no administrative delays in starting business in these countries. To top it all, these countries are offering incentives to business executives. Clearly, India has much to learn from China and Japan.

P Senthil Saravana Durai, Mumbai

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