Organizations of all length & breadth dream to stretch their boundaries and venture into foreign markets especially in the US. It’s no revelation that the business operations in the States pave the way for the organization to get brand recognition as well as credibility among the customers. In parallel, the firms integrated in the US market have various other advantages such as being recognized in other jurisdictions. It draws in a new customer’s base, as well as attracts numerous revenue streams. Apart from the benefits the organizations reap, the Indian firms in the US market have created several job opportunities. According to a report issued by the Confederation of Indian Industries (CII), around 155 Indian firms have invested close to $22 billion in the US and has also created about 125,000 job opportunities across the country. The report also reveals that Indian investments in around 20 US states have touched $100 million each. Furthermore, about 87 percent of US majors believe that international expansion is quintessential for long-term growth, reveal Wells Fargo’s survey. The IMF report hints that the Indian economy contributes close to 3.3 percent to the global Gross Domestic Product (GDP). However, countries such as the US and China subsidise about 23.6 percent and 15.5 percent of the global GDP, respectively.
Such businesses are making a prospectus to attract a lot of joint ventures, as this journey overseas would aid in merging the foreign as well as local expertise to deliver better services/ products across the globe. Besides, the collaboration helps in blending the position of India as an economic power and industrial major.
Therefore, it is customary and imperative all the same, for us to bring forth the companies that have ventured out on a global scale. To help leaders make acquaintance with such companies, our panel comprising CEOs, CIOs, V.C.s, industry analysts and the editorial board of SiliconIndia has narrowed down the companies who exhibit international competence in delivering exceptional business solutions.