Indian companies unable to keep up with Chinese counterparts in Africa

[Koovie]

Doesn't matter. The point is that India has a very socialist and anti-business environment.

True........

Indians are generally very anti-business people with a few exceptions.

Not true.
From where did you get that???

 

[Gandhi G in da house]

Mozambique is not all of Africa . Title is misleading .

deliberately misleading.

 

[silent poison]

Sorry .... But, its the time to kill your Party

India Inc ups its stake in Africa | Business Standard

 

[Gandhi G in da house]

India And Australia, Not China, Lead Asian M&A Charge In Africa - Forbes

March 2013

 

[silent poison]

now that what we call whole of the Africa

 

[danger007]

Doesn't matter. The point is that India has a very socialist and anti-business environment. Indians are generally very anti-business people with a few exceptions.

welcome back to forum... hope you stay cool here....
on the topic: lol now chinese got title editing habit? Mozambique is small country in Africa...

 

[silent poison]

'India has earned huge goodwill in Africa with development partnerships' | Business Standard

http://timesofindia.indiatimes.com/...Africa-to-tap-growth/articleshow/19055534.cms


*In October 2008, the Indian conglomerate Essar Group began a mobile telephone company in Kenya in its first investment in Africa. Since then, it has acquired mobile telephone companies in Uganda and the Congo Republic.

Essar Oil, one of the largest private oil firms in India, entered an agreement in 2009 to acquire 50 percent of Kenya Petroleum Refineries, which serves three countries in east and central Africa. Last year, Essar won the bid to acquire a 60 per cent share in the state-owned Zimbabwe Iron and Steel.

*In 2005, Karuturi Global, an Indian agriculture company, bought 15 hectares, or 37 acres, in Ethiopia to grow roses for export, an investment of about $1.9 million. Karuturi has since expanded to 75 hectares of roses. In 2007, it bought one of the largest flower farms in Kenya in a deal valued at about $65.5 million. In the past two years, Karuturi has acquired another 311,700 hectares in Ethiopia for an undisclosed amount.

*The Indian drug companies Cipla and Ranbaxy have been a lifeline for years for millions of Africans who are HIV-positive because they produce far cheaper generic anti-retroviral drugs than the branded drugs from European and US companies.

Ranbaxy, which moved into South Africa in 1996, now has 10 full-fledged subsidiaries or offices across Africa. This year, it is opening its second manufacturing facility in South Africa. Cipla also opened a manufacturing facility in South Africa in September.

 

[Bobby]

Keep trying....we will succeed...Ham honge kamyab ek din...

 

[IndoCarib]

Chinese companies have the financial backing and other resources from their government. We all know how CCP operates when there is a competition !! Indian companies are own their own. Despite that Indian companies are making their presence felt in Africa.

That said, it wont be a cake for the Chinese !!

India Inc ups its stake in Africa

http://www.business-standard.com/ar...c-ups-its-stake-in-africa-113040900666_1.html

 

[Psyops]

Chinese companies have the financial backing and other resources from their government. We all know how CCP operates when there is a competition !! Indian companies are own their own. Despite that Indian companies are making their presence felt in Africa.

That said, it wont be a cake for the Chinese !!

India Inc ups its stake in Africa

India Inc ups its stake in Africa | Business Standard

India has an anti-business mentality to ever beat China. Jim Rogers has said this too.

 

[Echo_419]

India has an anti-business mentality to ever beat China. Jim Rogers has said this too.

Psyops is a troll Vasu has also said that

 

[IndoCarib]

India has an anti-business mentality to ever beat China. Jim Rogers has said this too.

You should keep a picture of Jim Rogers in your living room and worship