The government has begun consultations with the country’s top 25 corporate houses and lenders, including the Tatas, Reliance, Birla, Mahindra, Adanis, Infosys and Wipro, to assess their investment plan and also try and resolve issues that they may be facing in their bid to expand operations.
The initiative undertaken by commerce and industry minister Piyush Goyal as part of the Project Management Cell (PMC) has already seen consultations with companies such as Maruti Suzuki and Hindustan Unilever, which have flagged areas of concern for their operations and expansion, which are now being shared with other ministries as well as state governments, sources told TOI.
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HUL, for instance, has pointed to misuse of intellectual property rights and the regulatory regime for using plastics that varies across states, creating problems. Similarly, Maruti Suzuki brass has pointed to issues related to financing of vehicles.
Source: Economic Times
