With India it is the great economy of faster growth, “What is your Plan of India?” It is a common issue in joint rooms or in most global corporations. An important source to distill your plans of India is from its quarterly gain calls. With the quarter of March that has just begun, we bring what the CXO of global corporations say about India and their perspectives and plans last this profit season in this column. Here are some companies that reported their profits last week.
Tesla Inc (TSLA, M-CAP: $ 807 billion)
The automotive company led by Elon Musk discussed its entry obstacles and its long -term potential:
“… we have legs working to enter India. India is a very hot market … 70% tariffs and 30% luxury taxes … It would be a great market to enter because India has a great middle class …”
Philip Morris International Inc (PM, M-CAP: $ 262 billion)
American Multinational Tobacco Company scored sustained volume gains in markets such as India:
“… Continuous growth in markets where smoke -free products are not allowed, such as Türkiye and India.”
Otis Worldwide Corporation (Otis, M-Cap: $ 37 billion)
The manufacturing company of elevators and mechanical stairs stressed the solid growth of the order and historical projects:
“… order a growth of more than 20%, mainly driven by India … said a historical contract to supply more than 470 elevators and mechanical stairs to the prestige group …”
Transunion (TRU, M-CAP: $ 16 billion)
The American Consumer Credit Agency expressed optimism on the improvement of the credit environment and the growth perspective of India:
“… we are selling particularly well in India … Guijing at 10% growth … wait for trimester trimester reactions … the posture of the races driven … supports a greater activity of consumer loans.”
Enfase Energy Inc (ENPH, M-CAP: $ 6 billion)
The American Energy Technology Company highlighted the strong product adjustment and expanding shipments in India:
“… the sales of our IQ8P micrinavers continue to grow, and we are also sending our batteries to the region …”
GATX Corporation Inc (GATX, M-CAP: $ 5 billion)
The lease company emphasized the resistant infrastructure perspective of India:
“… In India, infrastructure development needs remain so strong … it is unlikely that they alter the long -term perspectives for infrastructure investment.”
IMax Corporation Inc (IMAX, M-CAP: $ 1.3 billion)
The production theater company highlighted the successful potential of India:
“… In India, War 2 has the potential to join the ranks of the largest box office successes in India … such well -identified markets are building the exportable franchises to rival Hollywood launches.”
USANA HEALTH SCIENCES INC (USANA, M-CAP: $ 479 million)
The health and well -being company remains optimistic about the impulse of future growth of India:
“… India is still a promising market for us … we have a lot of energy and emphasis … see that it begins to capture its growth impulse.”
Sify Technologies (Sify, M-Cap: $ 299 million)
IT firm positioned India as the current technological growth center:
“… the emergency of India as a global growth center is no longer a prognosis … Bed test for emerging technologies such as AI, 5G and Cloud … demand still exceeds the market supply.”
UNILEVER PLC (ULVR, M-CAP: £ 120 billion)
The British FMCG giant reaffirmed the strategic importance of India and the perspective of resistant growth:
“… India … a very strong business for us … winning actions during the last 3 years … We are well positioned … very safe, both in the growth profile and in the margin profile for India.”
Reckitt Beckiser Group PLC (RXT, M-CAP: £ 31.8 billion)
The British company of multinational consumer goods highlighted a strong category performance and a volume growth in India:
“… India also had a good performance, a single high digit, forcibly driven in Dettol and Harpic … Our dettol franchise is gaining participation and is fine in a place like India …”
Nokia Oyj (Nokia, M-Cap: € 25 billion)
The Finnish telecommunications company pointed out renewed growth and the infrastructure led the impulse in India:
“… strength in India … mainly driven by network infrastructure … The demand for fixed wireless access … also grew in mobile networks and cloud and networks services.”
ACCOR SA (AC, M-CAP: € 10 billion)
The French hospitality company emphasized its renewed expansion efforts in India:
“… announced a significant advance in 2 high growth markets in India … an association strengthened with Interglobe and Trebo to begin our development …”
OPMOBILITY SE (OPM, M-CAP: € 1.4 billion)
The French automotive supplier emphasized its long -term commitment and expansion plans in India:
“… We will open a new factory in India this year … expanding our footprint with the construction of 2 new plants … confirming a strong impulse in this rapid market.”
Contributed by: NAFA ASSET MANAGERS
Posted on April 26, 2025