India has an investment friendly climate: Commerce Minister on Obama remarks

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  • Published On: July 16, 2012
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India has dismissed Barack Obama's statement that the investment climate in India is "deteriorating," suggesting that the US President is "not properly informed" about the country's strong economic fundamentals. Commerce Minister Anand Sharma today assured that the country has an "investment friendly climate", adding that Mr Obama's "perception is "different from reality".

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