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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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From: elmatador5/5/2020 1:27:53 PM
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India offers land twice of Luxembourg’s size to firms leaving China


Published May 4, 2020 | By admin SOURCE: Bloomberg

That includes 115,131 hectares of existing industrial land in states such as Gujarat, Maharashtra, Tamil Nadu and Andhra Pradesh, they said. Luxembourg is spread across 243,000 hectares, according to the World Bank.

Land has been one of the biggest impediments for companies looking to invest in India, with the plans of Saudi Aramco to Posco frustrated by delays in acquisition. Prime Minister Narendra Modi’s administration is working with state governments to change that as investors seek to reduce reliance on China as a manufacturing base in the aftermath of the coronavirus outbreak and the resultant supply disruption

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