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Evaluating India’s trade policies

All Things Policy

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Is There a Substitute?

AirTel, which is owned by Bharati Communications and started by Sunil Mittal. One of the first assignments was to import power generators. And so they were importing, I mean, you can imagine that there was massive amounts of power cuts in India. He made a killing. Then suddenly, one day his import license gets cancelled. The reason? Yeah, two people came up to the government and said, I'm manufacturing those generators now. It's like something from a Hindi movie scenario where a single citizen can take down an entire large enterprise.

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