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JCB s joint venture in India with local conglomerate Escorts a . reflects the suboptimal approach to enter the market in India. b . required
JCBs joint venture in India with local conglomerate Escorts
a
reflects the suboptimal approach to enter the market in India.
b
required additional expenses from JCB
c
is an example of foreign direct investment.
d
was initially possible because of changes in regulations.
e
has failed to perform to expectations.
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