Doubts surface about India's Modi after trade deal scuppered


  • World
  • Saturday, 02 Aug 2014

NEW DELHI (Reuters) - India's Prime Minister Narendra Modi came to office with a reputation as a business-friendly leader ready to open up one of the world's biggest markets and sweep away the remnants of the country's socialist past.

Now potential investors, some of them foreign firms hoping to exploit new opportunities in India's vast consumer market, are scratching their heads after Modi's party walked away from a major deal to reform customs rules and make global trade easier.

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