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.
Blackrock Inc (BLK, M-CAP: $ 137.7 billion)
One of the world’s largest asset management companies highlighted its strategic entry in India:
“In India, we hope that our company joint with Jio Blackrock will be launched at the end of this year, subject to the regulatory approach … Transform access to investment for Indians …”
Guess? (GES, M-CAP: $ 501.3 million)
The global brand of clothing and lifestyle stressed the expansion of the aggressive market in India by noticing:
“We signed an association agreement with the Tata Group to represent Guess Jeans in India … closing the year with 22 new stores in the market.”
Technology Group Corporation signs (FTGFF, M-CAP: C $ 221.3 million)
The Canadian aerospace and defense electronics manufacturer described an expansion of the aerospace installation in India with the eye of profitability and policy support:
“… They announced plans to open an aerospace installation in Hyderabad, India … We conclude that India is a very profitable place for manufacturing … with Make In India’s policy … it would be an ideal place to operate.”
Lakeland Industries (Lake, M-CAP: $ 150.6 million)
The protective clothing and industrial equipment manufacturer discussed the optional manufacturing:
“… when Vietnam’s tariffs were … at 46%, India … I was in the mid -20 … We were also looking at options to use India … and train those people … We make some options here.”
R. Stahl AG (RSL2, M-CAP: € 115.3 million)
The specialization of the German company in products and explosion protection systems focused on the expansion of production and sales, stating:
“… we are in the process of building a new production installation in Chennai, India … we will have much more concentration of central services … for our sales forces in Asia, in India …”
Contributed by NAFA assets
Posted on April 19, 2025