Article: India: The other star in global operations.

By Patrick M. Byrne

In their rush to globalize, multinational companies often zero in on China--the world's fastest-growing large economy and an arguably bottomless source of buyers (markets) and sellers (supply sources). But for many organizations, India is equally or perhaps even more attractive. In fact, India leads China in many of the areas most valued by international market makers, including more democratic institutions, a free press, an independent judiciary, more opportunities to raise capital, and a somewhat more sophisticated and transparent business-development environment. And like China, rising income levels, increasing urbanization, and favorable ...

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