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Monday, Dec 06, 2021
Outlook.com
doing business

Caught In The Tangling Tape

The protracted process for starting a firm in India can leave the entrepreneur bushed

Caught In The Tangling Tape
Caught In The Tangling Tape
outlookindia.com
-0001-11-30T00:00:00+05:53

For Parvesh Bareja, the decision to return to India and set up a business in his homeland turned out to be a painful one. It took him over a year to get the clearances and permissions to set up a packaging unit for perfumery products in Rajasthan’s Neemrana district and get   his project on stream. Many of his permissions, he says, are still pending and he continues to run the rounds of government offices to ensure that his file moves from table to table. Although he has not been approached by any official or middle-man for a bribe, he says the rules and procedures are so complex and time-taking that it delays projects beyond control. Businesses across the world know this and this discourages many entrepreneurs from setting up shop in India. Bareja acquired land for his company in January 2012. But some of the clearances he needs are yet to come through.

That, in short, is the story of people who try to set up a business in India or even try to run a business here. There is unanimity among businessmen that doing business in India is tough—not because of competition, but because it could take an eternity to wade through the maze of processes, get clearances and finally get started with a project.

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