Comment by systemvoltage

Specifically, responding to the comment about local start ups in India: I agree with these notes,

- A company that wants to cater to Indian public must understand the local system, rules, culture, laws, taboos, and norms.

- Local and domestic entrepreneurs in India have that edge by the virtue of being immersed in the locality.

- Foreign companies will always need to adapt and evolve according to the needs of the Indian public.

This is the best kind of “head start” or “subsidization” one can have in a free and open market. There is nothing wrong with this.

The problem is in preventing international companies from competing in India which, I believe was the case before the 90’s. That was a disastrous foreign policy as the history books tell us.