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"India will continue to be an exciting investment destination for FIIs...
The big
driver for the
markets will be a sustained growth in the economy of around 7 per
cent."
Hemendra Kothari
Chairman
DSP Merrill Lynch
"Higher level of acquisitions is a reflection of the business
confidence.
Acquisitions are likely
to rise next year. A big component would be Indian companies
acquiring companies
overseas."
Ravi Menon
Director and Co-head for Investment Banking
HSBC Securities
"FDI will continue to be encouraged and actively sought, particularly
in the areas
of
infrastructure, high technology and exports."
P. Chidambaram
Finance Minister
Government of India
"The Indian middle class is easier to target because people
understand English and
have a western
orientation...in China, it's a longer slog"
Rory Cowan
President, Lionbridge Technologies
in Business 2.0 (July 2004)
"Not only are there brilliant engineers here [in India], I've been
seeing that the
entrepreneurial spirit of the businesses is second to none."
Mike S. Zafirovski
President and Chief Operating Officer
Motorola Inc.
"The revenue growth from India is the fastest among all the markets
we are present
in."
Lex Kloosterman
CEO (private clients/new growth markets)
ABN Amro Bank NV
"India Inc is emerging bigger, faster and stronger. India is also fast
becoming the
world's
knowledge centre and back office. I believe India will continue to
outshine others
for some time
to come."
Vishesh Chandiok
International Practice Partner
Grant Thornton, India
"India is now being seen as a country that can both benefit and help
because of its
growing
relations with the Southeast Asian neighbours and partners".
Sunil Kant Munjal
President
Confederation of Indian Industry (CII)
"There is a broad recognition of the enormous benefits flowing from
greater
integration between
India and ASEAN.... The India-ASEAN Car Rally...will dramatically
symbolize the
effort to forge
new linkages, while embodying the spirit of our cooperation."
Dr. Manmohan Singh
Prime Minister of India
"In coming three years India is the third most favoured investment
destination for
Japanese
investors. More than eighty per cent of prospective Japanese
investors cited
India's
huge market and its growth potential as the biggest drivers for
investment."
Japan Bank for International
Co-operation
"India has seen an explosion of its middle classes over the last few
years with an
emerging
generation of highly educated young workers earning higher incomes
than ever
before. This has
driven massive growth in domestic consumption and if you combine
this with the boom
in the
pharmaceutical industry and government spending on infrastructure,
India reveals
itself as the
one of the most attractive growth stories in the investment world right
now."
Arun Mehra
Head of Investment Strategy
Fidelity India
"India's ability to draw heavyweight investors like Temasek and the
speed with
which
they are moving is a signal that the Subcontinent continues to be an
attractive
investment for
those taking a long view and seeking to diversify their portfolios."
Far Eastern Economic Review
October 21, 2004
("Singapore Inc. Diversifies")
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