Technology and Business Law Blog

India a Business Powerhouse.

India is fast becoming a business powerhouse, a far cry from a decade ago when India was presented by the US media in distorted forms and images.

Today’s headline news from SiliconIndia has an interesting piece stating that India’s investments in the US has grown phenomenally and that Indian companies invested over $2 billion in the US in 2006-07 and it is expected that the Indian outbound deals monetary value by 2007 could surpass $35 billion. One of the reasons mentioned is that, Indian companies are able to acquire overseas companies because of the regulatory  development that has taken place due to the Indian government’s liberal measures and various monetary relaxation provided by the Reserve Bank of India (RBI) with the growth of foreign exchange.

June 18, 2007 - Posted by | Uncategorized

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