We definitely believe that India is a hot spot for global players. The country has seen an influx of large scale manufacturing projects in the last couple of years, thus opening avenues for global players mostly in the automotive, industrial and construction equipment, metals industries as well as IT services industry. Having said that, we can also see that efforts are being put by large firms and the government together, to develop the country´s attractiveness for strategic operations, such as R&D centres for infrastructure development and other services. This is testimonial to the fact that investors are showing strong confidence in India to maintain this performance in the long term.
- Harinder Jit Singh, President, Sandvik Construction, India