BHP's India loses its spice

BHP Billiton's decision to step back from its costly projects in India reflects the realities of dealing with restrictive investment rules and complex government requirements.

India’s attractiveness as a destination for foreign investment capital has received a fresh blow from the world’s biggest miner. BHP Billiton has decided to walk away from nearly all its oil and gas exploration projects in the country, frustrated by lengthy delays in receiving permits and clearances.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles