India has a great opportunity to become a manufacturing hub for the world in coming decades: Sanjiv Bajaj

“We are asking for a simplification or rationalisation and that it is easy to understand. It drives the ease of doing business. It is not that we are looking for a reduction in rates over there but there are so many different classes, we have so many different periods, rates and the more we simplify it, the easier it is for business to understand and follow.”