Search
 

A Bumpy Ride with Promise

Healthy GDP growth and an expanding, highly educated middle class draw multinationals to India, despite obstacles like currency convertibility, rising inflation and red tape.

By Russ Banham | Updated on March 01, 2011

President Barack Obama’s assertion in a recent speech that India “is not simply emerging but has emerged” underscores the huge potential the Indian market holds for U.S. and Western multinational companies. In the last 15 years, India has emerged to rival China as one of the world’s fastest growing economies, with a burgeoning middle class eager to buy goods and services. Although its northern neighbor outpaces India in large-scale export-focused manufacturing and attracts more foreign investment,

India excels when it comes to its highly educated workforce, democratic institutions and less restrictive operating environment.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.