The recent deal of Corus-TATAS is an indication that they have come to the conclusion that Indian infrastructure will never improve and it is safer to move their operations to better countries around the world. Infosysy chairman NRN has said this repeatedly and now they are also investing in China in a big way.
2007-02-03 00:44:47 · 8 answers · asked by indianborntowin 2 in Politics & Government ➔ Politics
Yes me no!
2007-02-03 00:47:43 · answer #1 · answered by Hunter 4 · 0⤊ 0⤋
The Bureaucracy in India is very bad. But Corus is completely different. If I was Ratan Tata I would have done the same thing. Try to make inroads into the big money markets. The infrastructure and the proximity to European market, more profit wow! and now Tata's credibility is Global. They are Global but their loyalty is with India this I say with faith because they've GIVEN INDIA WHAT A MORE THAN A BILLION OF US COULDN'T. Cheers mate.
2007-02-03 12:10:25 · answer #2 · answered by Augustus Maximus 1 · 0⤊ 0⤋
Well say cheers to TATA if they decide to move their operations out of India, if it is for the growth of corporate, well they might have some thing in the pipeline about how to bring down the cost and still maintain or improve their quality product, to find better marketability, will result in increase in its growth.
I know for sure what may come TATA's cannot be separated from India, because TATA's is a century old institution, their motto of serving the nation has never seen changed, they have sailed with India in Good and Bad Economic weather. Governments have changed but not the TATA's.
HATS OFF TO TATA
2007-02-03 08:57:56 · answer #3 · answered by HK 1 · 0⤊ 0⤋
When International Giants seek their destination to be China and India for global trade, what is wrong TATAs going international, to seek business in Europe and other areas of the globe. Technology upgradation has to be done either by going in for new ones or acquire the ones with updated technology. Many of the companies follow the second route like merger/acquisitions.
VR
2007-02-03 08:53:14 · answer #4 · answered by sarayu 7 · 0⤊ 0⤋
partly nrn is correct many other gaints like mahidra and mahinda,bharati ,reliance,many pharma companiesetc are there to to abroad to expand their bussiness and profits.but in india red tapism and burocratic hurdles are creating lot of delays ,the mind set of ur political parties[few] is still not encouraging
2007-02-03 09:07:46 · answer #5 · answered by sripad d 1 · 0⤊ 0⤋
They are only expanding their operations though only time will prove success or otherwise of their latest acquisitions overseas!
2007-02-03 09:44:42 · answer #6 · answered by Sami V 7 · 0⤊ 0⤋
They have to because India limits FDI to $6BN per year.
2007-02-03 09:19:41 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Yes.Its good
2007-02-03 09:40:33 · answer #8 · answered by srini r 2 · 0⤊ 0⤋