Creation of Indian Multinational Corporation (Alan Rosling)

Today we got a chance to listen to the views of Alan Rosling about the creation of an Indian Multinational Corporation (Tata). Alan is the Executive Director of Tata Sons (one of the largest conglomerates in India with a revenue of about US$ 22 billion). His presentation was based on facts and numbers and was very useful. In terms of the long-term, he believed India is definitely a place to invest and grow the business in. Indian companies have been very active in the merger and acquisition space. Indian companies are now providing quality service/goods (there are three times the number of SEI-CMM level 5 companies in India in comparison to the rest of the world).

On a one-to-one comparison with China, India is way behind in attracting foreign investments and providing infrastructure. However, India has a good knowledge base and can build up on its Intellectual Property. Alan sounded like a firm believer in the Indian story and I really appreciate his grasp on numbers related to India and Indian businesses.

I believe that India is at the threshold of a great opportunity and should effectively use its strengths to foster international trade and build great companies.