In today’s global bear market, there are two economies- India and China who are inspite of everything continuing to grow at a reasonable pace. India is a domestic growth story. With a billion plus people it affords huge opportunity in every business segment. Unutilized capability in North America and Europe can be gainfully deployed in business ventures in these countries. We believe if projects are jointly conceptualized with talent that is drawn from across the globe, a win win model can be developed.
Food processing is still in a nascent stage in India and there is opportunity for new products, technology, business processes and systems.
With demand not being a constraint in this market, the challenge is to conceptualize the right project for this market.
As a risk mitigation measure, a multi country business is always better than a single country business.