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Mint Quick Edit | Big Tech’s mega pledges should help ease Indian anxiety over capital outflows

Mint Quick Edit | Big Tech’s mega pledges should help ease Indian anxiety over capital outflows

Mint Quick Edit | Big Tech’s mega pledges should help ease Indian anxiety over capital outflows


Regardless of the rhetoric, this needn’t help India leap ahead in the field of AI, for which we need our own R&D, although osmotic effects could spell local gains. That said, all FDI is welcome for the local commerce it stirs and jobs it generates. Amazon, for example, promises a million new jobs.

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