Wednesday, December 5, 2007

India looks abroad, world looks to India

India looks abroad, world looks to India
By Reuters, Wednesday December 5, 10:50 AM

MUMBAI (Reuters) - India is opening up to the world, and the world wants to come to India.

The potential of a rapidly growing country with a population of 1.1 billion is obvious, and leading executives and bankers will talk to Reuters about the surge in investment flows at the India Investment Summit on Dec. 5 to 7 in Mumbai and Bangalore.
Among the headline grabbing deals this year, India's Tata Steel bought Anglo-Dutch steelmaker Corus Group in a $13 billion deal, and Britain's Vodafone paid $11 billion for a controlling stake of Hutchison Essar, the No. 4 carrier in the world's fast-growing mobile phone market.

More deal prospects are in the pipeline.......

http://in.news.yahoo.com/071205/137/6o25d.html

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