Foreign companies struggle to exit India due to high costs and complex regulations

Foreign businesses in India face significant exit barriers, leading to prolonged and costly withdrawals, exemplified by General Motors' struggles. GM's departure involved lengthy legal battles with workers, a failed sale due to geopolitical tensions, and political resistance, taking years to resolve. This contrasts with faster exits in countries like Singapore and Germany. These exit challenges create "zombie firms" and deter potential investors, highlighting the need for India to streamline its business environment for both foreign and domestic companies.