India economy is a completely fraud. It is nt at all competitive. The market mechanism is anything but orderly. Businesses are run by incompetent professionals. The utility businesses which are state owned are thoroughly mismanaged and customer billing and other operations are done manually. there are no financial reports available. most of it are incomplete. Everything is haphazard and thus. annually $10s of billion electricity theft is taking place. in other about 15% of the $70billion worth of electricity that is generated is looted. ths is possible due to over invoicing genuine customers (through irregular billing and hiker tarrifs due to delayed billing -as electricity rates are higher for more units consumed just like Income tax rates .progressively higher rates apply) and theft by officials. Many utilities hvae zero or negative networth wiht huge bank loans that they regularly default.
therefore how is anyone going to do business in india. see the rating by transparence international for ease of doing business -India is somewhere in the bottom. I suggest al these 'paid to promote' India authors to ease-up a little and learn the facts about India inc/government oversight or lack of it and then report correctly. only then culprits can be tagh a good lesson.