Indian companies are global only in the eyes of Indians. Elsewhere in Europe/US their products are looked upon as inferior in quality. There is little or no brand building in India nor quality consciousness. Indian companies only cater to CIS, Asia and Africa and are not marketable in US and Europe due to quality reasons. I have never seen an Indian product been sold in any of the stores in the US (except for some American branded sweatshirts which are made in India/Pakistan/Bangladesh) unlike chinese products which flood the markets here. Even Indian s/w professionals are only considered as unprofessional laborers but are hired as they are cheaply available. However, India is growing, FX is flowing in. dunno whether thats hot money (very likely due to active international hedge funds)or whether really its long term capital?
