Problem is that there is no tally of companies that choose not to do business in India. The successes are visible, the failures are not.

>The fact that companies are choosing to comply rather than simply not do business in India seems to mean that their policy is a huge success.

Ok, then conversely, which companies have chosen not to comply? Would that mean the policy is a huge failure?

Yeah, its a protectionist policy. It impossible to understand if IKEA having to open 3 factories in India is a larger GDP infusion than them not having to, but being able to redirect that capital at opening 80 stores and employing 8000 people vs 3 factories of 3000 people and 3 stores for another 3000 (these numbers are from my ass, just trying to make an example).

The policy is great for Indians and the companies involved. Jobs mean money to spend and a thriving economy.

The same policy implemented here would be great to rebuild our crumbling economy and get money flowing.