The current set of changes playing out at GE India point to a new inflection point. What is it about India that excites you as the CEO of a Fortune 500 multinational?
I have been travelling to India regularly since the early Nineties and have viewed with admiration the developments that have taken place in the country. In the early days, GE invested in India ahead of expected growth in consumer demand that did not materialise in the manner many expected. So we needed to identify other opportunities – especially those that drew on India’s highly educated work force. Today, we are well established in the next stage of our development in India with over 12,000 employees and longstanding partnerships with leading Indian companies. Emerging markets are leading the way in terms of global GDP growth, and India holds tremendous promise over the next few years.
(This story appears in the 18 December, 2009 issue of Forbes India. To visit our Archives, click here.)