Birla Says Investing in India Riskier Than Brazil

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March 5 (Bloomberg) -- Indian billionaire Kumar Mangalam Birla talks about the outlook for the nation's competitiveness and his investment strategy. Birla said in an interview with Bloomberg TV India he would rather invest in countries including Brazil and Indonesia, as frequent policy changes at home discourage spending by companies in Asia’s third-largest economy. (Excerpt. Source: Bloomberg)

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