India's Economy Booms Under Modi, But Private Sector Has Mixed Views
• India's economy has boomed under PM Modi, with faster GDP growth, more foreign investment, and a rising stock market.
• Business leaders credit Modi's policies like digital ID, GST tax reform, privatization, and production incentives.
• Industrialists publicly praise Modi as a visionary, but privately have more guarded views and concerns about future instability.
• Some companies worry that criticism of Modi can prompt retribution from tax or investigative agencies.
• Modi is seen as incorruptible and willing to let poorly managed companies fail, but intolerance of dissent hangs in the air.