Friday, December 14, 2007

India is attractive to foreign companies because of sustained high growth and improved market access

Broad consensus needed on policy direction

On December 7 another winter session of Parliament ended with the growing divide between the ruling coalition and the Left showing no palpable signs of improvement. While none of this immediately undermines India’s attractiveness to f oreign companies because of sustained high growth and improved market access, what impact can lack of accord in policy have India? A broad consensus is very important, says Mr Christian Murck, CEO of global consulting Apco Worldwide (Asia).

As someone whose experience in Asia spans 25 years, Mr Murck gives his candid views in an exclusive interaction with Business Line on the Indian economy, the potholes lying on the way of India and China to becoming economic superpowers and why both the nations need to know each other before working as partners.
Excerpts from the interview, carried out first over the phone and subsequently through e-mail.

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