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Article: India Inc to double Fortune 500 presence by 2010.

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PTI - The Press Trust of India Ltd.
Article date:
November 12, 2006
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India Inc to double Fortune 500 presence by 2010

New Delhi, Nov 12 (PTI) Riding high on its huge overseas expansion plans and an aggressive merger and acquisition spree, India Inc is set to double its presence on the elite Fortune 500 list of the world's largest companies in the next four years, a new study reveals.

Given the unprecedented rate at which Indian companies are snapping up their rivals across the globe, they could be buying nearly 370 companies a year in the western countries of the US and Europe alone by the end of this decade, global consultancy major Accenture said in a report.

As a result of Corporate India's ever expanding ...

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