Global giants caught in regulatory cross hairs as swadeshi raises head

While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies

Not too long ago wooed for their big buck investments and technological prowess, global tech and retail giants are facing regulatory heat in India, a destination that’s got everything going  from economic growth to demographic dividend. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections. Amazon, Walmart, Facebook, Google and Twitter are in it together.
 
While Twitter Chief Executive Officer and co-founder Jack Dorsey is planning to make a hurried trip to India next week responding to summons from the Parliamentary Standing Committee, search