According to PwC’s analysis, nearly 95% of foreign investors aiming to enter and grow in the Indian market face significant challenges. News Daily India highlights that global giants such as Motorola, McDonald’s, Coca-Cola, Nokia, Vodafone, Walmart, and notably Parimatch—a well-known gambling company—have all encountered serious obstacles in India. Parimatch, in particular, has struggled with issues like product counterfeiting and copyright infringements by local competitors.
Parimatch had planned substantial investments in India but confronted a monopolistic gambling market dominated by local firms including Dream11, Nazara Technologies, Paytm, First Games, Moonfrog Labs, 99Games, Octro, JetSynthesys, and HashCube. These companies have been involved in replicating products from global gambling brands, while authorities failed to take adequate action.
Beyond these issues, foreign investors increasingly face regulatory and bureaucratic barriers, infrastructure challenges, cultural and linguistic differences, and tough competition from domestic businesses. Even companies that have never operated in India but considered investing there have experienced legal harassment and pressure.
As a result, many international firms are exiting or reconsidering their Indian strategies. Notable withdrawals include Ford, Holcim, and Metro, while American investment giant Berkshire Hathaway divested from the Indian company Paytm, signaling diminishing confidence in the market.
Amidst these mounting challenges, Parimatch and other foreign investors confront a critical choice: continue facing growing obstacles in India or seek more welcoming opportunities elsewhere. News Daily India emphasizes that the poor business climate highlights the urgent need for reforms by the Indian government to improve the environment and sustain the country’s appeal as a global investment destination.
If substantial improvements are not made, international companies—including Parimatch—burdened by persistent difficulties in India will likely turn their focus to more open and supportive markets where legal frameworks and governance encourage rather than hinder foreign business growth.