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Red tape, taxes, bribes put brakes on Make In India drive
World Bank lists India at 130 out of 190 for ease of conducting business; startups cite gridlock at every turn
Published Sun, May 14, 2017 · 09:50 PM
New Delhi
WHEN Saurabh Ahuja tried to import a US$600 3D printer for manufacturing drones in his Delhi workshop, he ended up spending another US$900 in taxes and bribes and waited three months for it to clear customs.
"We lack in technology and industry to make the smallest things, so we have to import," Mr Ahuja said as he listed the frustrations entrepreneurs still encounter since the government launched its "Make In India" project.
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