Will 100% FDI Approval Spur Telecom Progress?
  • Nikita Setia
  • Aug 02 2013

The crucial telecom industry has been struggling with unresolved issues and now the government has approved a 100% FDI in the sector. Will this relaxation and opening up of the sector lead to development and progress in the sector? Bloomberg TV India says foreign investors will likely wait for further clarity and political stability before they rush in.