reuters.com, Nov 7 2007
India is trying to simplify procedures for foreign investors to invest in Indian hospitals and hotels, the tourism minister said on Tuesday, forecasting $6.5 billion flowing into the sector in the coming years.
"The biggest deterrent for foreign investors is the unavailability of a single window clearance system," Ambika Soni said, adding the government was working on simplifying processes. She said the government was in talks with three international firms to set up 1,000-bed hospitals in New Delhi and adjoining areas.
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