John Fredrik Baksaas also says that India is full of good competence. Institutions and bureaucracy can work faster. If one brings investment and ideas into India, the country delivers them back, he adds.
Norwegian telecom giant Telenor is all set to hike its stake in Uninor to 100 percent. The company will invest Rs 600 crore this fiscal and roll out services in Assam this year.
Telenor's global CEO John Fredrik Baksaas told CNBC-TV18's Malvika Jain that Prime Minister Narendra Modi has raised expectations globally. He says the new government has raised expectations and the company is just waiting for some execution.
Baksaas also says that India is full of good competence. Institutions and bureaucracy can work faster. If one brings investment and ideas into India, the country delivers them back, he adds.
According to Baksaas, the digital India requires some changes and access to spectrum necessary for digital India success. He further says the country needs efficient and principled decision making, continuity in policy framework.
India also needs long term framework for long term investment. The digital India programme not ambitious but the country needs to be optimistic, he concludes.
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Long term expectation from India is favourable: Telenor
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