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Hence, to avoid uncertainty, and problems caused by local sympathy and reluctance to confront violators of Intellectual Property Rights, joint venture is proposed.
India welcomes foreign investments and she adds incentive on incentive to encourage overseas companies to set up branches. Furthermore, it has well-developed R&D infrastructure, and technical and marketing services with the support of sophisticated financial sector, with a large pool of skilled manpower. However, it has control over the outflow of foreign currency. In spite of such problem, it is still feasible to venture into the country by minimising the negative impacts through franchising...
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