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Quotable Quotes on India

Last Updated: September 2010
 

"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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