Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Unease of doing business makes $26-billion US giant Flex look out of India

Unease of doing business makes $26-billion US giant Flex look out of India

Share this article Share this article
published Published on Oct 16, 2018   modified Modified on Oct 16, 2018
-The Economic Times

Last year, India jumped 30 places ahead in World Bank's Ease of Doing Business rankings, powered by numerous reforms introduced by the government. Even though the government is focused on making India an attractive destination for foreign companies, the situation on the ground may not be as 'easy' as it seems.

Caught in red tape, an American manufacturing giant has threatened to leave India for Malaysia. The $26-billion Flex, one of the world’s top contract manufacturers for electronics, has threatened to move its production from Sriperumbudur in Tamil Nadu to Malaysia if promised concessions are not granted, TOI reported.

Flex claims there has been no movement on its request, made in August, to allow its Chennai factory to source duty-free products from its second unit within a special economic zone (SEZ) at the same location, says the report.

Please click here to read more.

The Economic Times, 15 October, 2018, https://economictimes.indiatimes.com/news/economy/indicators/unease-of-doing-business-makes-26-billion-us-giant-flex-to-look-out-of-india/articleshow/66213349.cms


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close