Too many roadblocks for doing business in India: N Chandrasekaran

A 'transformative vision' which will ensure we move away from 'a controlled vision of micromanagement' is the need of the hour, he said

India is fraught with micromanagement and suspicion, and upping the growth trajectory requires removing the obstacles that impede businesses, Tata Sons chairman N Chandrasekaran said on Thursday.

Growth cannot come by merely pushing people to move fast and requires a transformative vision and a change in the culture, the head of the $110-billion conglomerate said, delivering the Nani Palkhivala Memorial Lecture here.

The comments come amid a slide in growth to a decadal low of 5 per cent expected for current fiscal, and also years after the Narendra Modi government made ease of doing business as its priority, along with