India must ease rules of doing biz for MNCs: study

The report Multinationals and India: A plan for progress The report, an interview-based research, dwells on the ongoing challenges facing multinational businesses in India and underscores priority areas for reform.

The report observes that areas that need urgent attention, are: rationalising taxation, safeguarding intellectual property and reducing bureaucracy, amongst others. It also highlighted new growth opportunities in India such as biotechnology, renewable energy and emerging technological sectors like cloud computing and digitisation.

The report also highlighted the need to position India at the heart of global economy. This, the report says, will ensure India continues to act as a key political player on the global stage and realises the full benefit of international flows of investment, talent and technology.