 He changed many of India's socialist economic policies, ending barriers to foreign investment and reducing tariffs while protecting home industries.He was responsible for the policy that all foreign companies must form corporations with an Indian company holding a 50 per cent stake, which caused Coca-Cola to pull out of India, but most others did not.Patel was later appointed Home Minister when Charan Singh rejoined the cabinet of Morarji Desai as Finance Minister in 1979.