Last week, the government held, what can only be referred to as a chest thumping exercise, the Global Investor's Meet.
To begin with the only company that was not Indian was Arcelor Mittal. If one discounts this company for the fact that Mr. Mittal happens to be Indian, it was pretty much an Indian investors meet. So why call it Global Investor's Meet?
The entire two days, for which a whopping 1000 Crores were spent marketing, was spent signing MoUs. Nobody knows how many of these will actually get converted into real investments. The entire event was a waste and one that could have been completely avoided.
A poorly executed and miserable show.
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