Srinagar, Dec. 27 -- In the early 2010s, doing business in India felt like a hurdle race where the hurdles were raised mid-sprint. Do you know India once ranked an abysmal 184 out of 190 countries just to get a construction permit?

Do you know it took 186 days, over six months of bureaucratic purgatory, not to build anything, not to create jobs, but merely to get permission? This was not accidental. It was the cumulative weight of decades of regulatory excess, inherited controls, and a deep mistrust of enterprise.

Undoing that damage did not happen overnight. It took 11 years of sustained, often unglamorous reform to dismantle what had been layered over generations.

But 2025 stands apart.

This year, India moved from easing business to...