Jan 18, 2016 - Cola industry stumped by Narendra Modi's juicy idea for aerated drinks

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from TradeBriefs FMCG Daily Newsletter

Sree Vijaykumar

From the Editor's Desk
Here is a well-summarized list of concrete steps from the government announced at the 'Start-Up India Stand Up India' meet on August 16. Apart from some obvious ones like easier regulation with respect to starting a company and shutting one, the ones that stood out were some of the investment announcements in fundamental research, which should help spur some local innovation and removal of clauses that prevented SMEs from bidding on government contracts. Some tax incentives have been thrown in there too. These developments are welcome as a first step. This article has quotes from various participants at the event. The ones that stood out the most are from Narendra Modi and Masayoshi Son (Softbank). Narendra Modi - 'The first and foremost thought is that the government shouldn't come in the way'. Masayoshi Son - 'Startup companies cannot take care of infrastructure. The government (needs to take of) electricity and mobile infrastructure - Comment

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