March 14, 2013
by Economic Times

India is setting up a steeplechase of barriers for American IT and high-tech firms by putting in place random new regulations and policies, representatives of US IT sectorhave told lawmakers.

"In spite of the opportunities that exist and the impact, the positive impact that open markets have had on the ground in India, the government of India seems to be doing a stutter- step on open markets and setting up a steeplechase of barriers to the success of foreign companies, especially American entities," Dean Garfield, President and CEO of the Information Technology Industry Council, said yesterday.

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