Aircel founder Chinnakannan Sivasankaran has praised India s current business environment, noting, "Today no one can pressurize you." He contrasted this with the coercive pressures of a decade ago under the UPA regime, when Aircel faced severe financial struggles, intense competition, and regulatory challenges, ultimately leading to its market exit and liquidation in 2018.
Aircel's journey in India was fraught with challenges, including fierce competition and regulatory hurdles. The company exited the market in February 2018 due to financial problems.
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