India Aims to Double Revenue From Infrastructure Management Services
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India is targeting a larger share of the market for remote infrastructure management services, and is planning to more than double revenue from these services to $15 billion by 2013.
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NEW DELHI: The government will set up a regulatory framework for infrastructure to create the necessary environment to attract $150 billion foreign direct investment in the sector for achieving seven to eight per cent growth, Prime Minister Manmohan Singh
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Trade between ASEAN and India is on track to more than double to reach $30 billion dollars by 2007, Foreign Minister Natwar Singh said on Sunday.
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India could use its record-high foreign exchange reserves to fund infrastructure even if it breached fiscal targets set out by law, a senior government official said on Tuesday.
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Investment bankers are tinkering with the traditional definition of infrastructure to attract a wider range of bidders and higher valuations, increasing the risk profile for cash-rich, asset-hungry buyers.
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It may now be the turn of Indian companies to offshore outside India their IT services requirements.
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Indiaâs IT services market is forecast to grow at a five-year compound annual growth rate of 23.2 percent, according to research firm Gartner.
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The number of internet users in India who use their mobile phones to browse the web has more than doubled in the last year, Financial Express website reported on 6 June.
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Singapore says it hopes to double manufacturing output in 15 years even as regional competition heats up from lower-cost rivals such as fast-growing China and India.
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Indian subsidiary has grown from around 300 staff early last year to about 2,000 today, and serves over 100 customers around the world.
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IBM has set up a services delivery operation in India that will focus on infrastructure services to its clients worldwide.
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General Electric Co., a pioneer in businesss processing in India, is looking to reap up to one billion dollars from the disposal of outsourcing operations in the country, the Wall Street Journal reported in its Asian edition.
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A UK company is formed specifically to help more businesses outsource their operations to India.
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Raman Roy talks about how this technique put India on the world's business map.
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India and China's leaders pledge to double annual trade to $40bn by 2010 during talks in Delhi.
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Marriott International Inc. , the  top U.S. hotel operator, said on Friday it would more than  triple its hotel portfolio in India by the end of 2010 as it  cashes in on rising business and leisure travel.
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The emerging nations of Brazil, China, India, and Russia together represented five percent of IBM's second-quarter revenue, and the vendor is looking for those revenue levels to double over the next four years.