Sudhir Kapadia is Partner and National Tax Leader at EY India. He has extensive experience in advising large multinational and domestic companies on tax and regulatory issues pertaining to investments in India, abroad and their business operations. Prior to joining EY in 2008, Sudhir was the National Tax Leader at KPMG in India.
With over 25 years of experience in the industry and profession, he shares his views on how the newly elected Bharatiya Janta Party (BJP) is likely to cope, govern and influence the investment landscape …
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Foreign investors have been weary of investing in India because of corruption, red-tapism, tax policies, lack of infrastructure etc.
Do you think the BJP government can dismantle these roadblocks?
How do you believe the BJP government intends to tackle corruption?
In the past, as well as in its election manifesto, the BJP has held an "unwelcome" stance, specifically towards foreign supermarket chains. Do you believe the BJP is likely to follow through on this ban?
As Prime Minister of India, do you believe Narendra Modi will want to and can "copy paste" on to the other states of India, the successful growth-employment creation-model he has achieved as State Chief Minister of Gujarat?
Do you believe the BJP's perception of being “right-wing” and Hindu-nationalist” could pose political risks going forward?
From a foreign direct investment perspective, which are the sectors that stand to benefit and where do you see the opportunities?
What are the challenges facing the BJP government?
Containing inflation has been a major challenge. How do you see the BJP government addressing this?