Driven by growing self-confidence, the corporate sector in India has left behind it the days of the "license Raj." One need only look at the range and frequency of cross-border merger and acquisitions investments recently announced by Indian companies, for evidence. Projections by industry observers confirm the trend.
By comparison, given the size and dynamism of China's economy, cross-border M&A by Chinese firms is modest, relative to Indian or even South African firms. More on this from a BCG report quoted in India Daily.
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