As things remain unsettled in the trade war between the U.S. and China, India could be a good top choice for investors looking to invest in manufacturing and other sectors. However, several bureaucratic issues remain a challenge for some such as Walmart Inc.-owned Flipkart who had new rules imposed on it that will impact its costs. With the recent elections, many are hopeful, with more initiatives to attract foreign direct investments to India. “A new government, which should be in place soon after the election results on May 23, may hold out hope,” said Tarun Bhatia, Managing Director and Head of South Asia in the Business Intelligence and Investigations practice of Kroll, a division of Duff & Phelps.
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