Q.
Is it prudent for Indian companies now to invest heavily in overseas ventures when their existing overseas ventures are not doing well? Your views?
Asked by Good Citizen,
15 Nov '12 05:16 pm
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Answers (2)
1.
Yes, its hte best strategy to adopt in the current time as when the outlook is not so good in these businesses to acquire them & revive them to profit in the long term. Also, it increases their presence worldwide to benefit them improve their reach!!
Answered by dharamender nebhnani, 18 Nov '12 01:35 pm
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2.
Yes, specifically certain sectors like oil & gas, automobiles, coal, mining, certain manufacturing sectors, pharmaceutical, etc. India itself is big market for them and at the same time we can make use of natural resources and skills available else as a give and take.
Answered by MAdhavan Avadhany, 15 Nov '12 05:27 pm
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