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Business trends

What India Inc. wants from election: More growth, less red tape

Next government will be urged to ease regulations and support innovation

NEW DELHI -- With India’s seven-phase national elections underway, leaders in the business community hope the next government will finally deliver on promises to cut red tape, encourage innovation and boost economic growth.

Prime Minister Narendra Modi and his Bharatiya Janata Party ran on a business-friendly platform five years ago, sweeping to power and forming the National Democratic Alliance government headed by the BJP. But Modi faces criticism of delivering less than he promised, while the business community wants more reform, faster.

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