The key market worth serious
consideration is India. Indian companies today are aggressively seeking
partners that can bring them sector knowledge, operating expertise, and access
to new markets and technologies. The country has huge flexibility that is, in
my opinion, a must for business to thrive.
India is indeed the epitome of flexibility. Jeffrey Immelt, CEO and chairman of GE Worldwide, said in an interview with Automation World magazine, “This is the right time to invest in India, and we will be bold on the market here.” The good news is that, unlike China, which faces structural change as it shifts from an export-driven to a consumer-driven economy, India’s growth has long been dependent on domestic demand, even as exports have risen.
However, its major weakness remains infrastructure, with basic transportation, power grid, and irrigation systems lagging behind those of China. In their 2010 report on global private equity activities, Ernst & Young reported that the government plans to increase infrastructure spending by INR1.74 trillion ($38 billion). That is always welcome news in India.
Continuous Reading: Investment in India
Thank you
Ziad Abdelnour
India is indeed the epitome of flexibility. Jeffrey Immelt, CEO and chairman of GE Worldwide, said in an interview with Automation World magazine, “This is the right time to invest in India, and we will be bold on the market here.” The good news is that, unlike China, which faces structural change as it shifts from an export-driven to a consumer-driven economy, India’s growth has long been dependent on domestic demand, even as exports have risen.
However, its major weakness remains infrastructure, with basic transportation, power grid, and irrigation systems lagging behind those of China. In their 2010 report on global private equity activities, Ernst & Young reported that the government plans to increase infrastructure spending by INR1.74 trillion ($38 billion). That is always welcome news in India.
Continuous Reading: Investment in India
Thank you
Ziad Abdelnour
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