Why Global Companies Are More Optimistic About India?

Existing global conglomerates like United Technologies and General Electric observe their Indian businesses to head high and perform well, attracting more investments. Even many of the international luxury cars and SUV brands like Ford, Suzuki, Mercedes Benz seems to be very much optimistic about the Indian automotive sector despite their current sluggish sales records. As a matter of fact these companies are taking up new strategies to do new massive investments in capacity as they believe that India will not only become the 2nd biggest automobile market but will also turn out to be an export hub.

Though many of the Indian companies have been eyeing on the off shore markets, but lately they have discovered that the countries may have simpler rules and regulations. However, the idea of cultivating revenues from the foreign economies is not a duck soup.

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