Another 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.
Continuous Reading: Investment in India