MNCs bet on India despite gloom
Several multinationals are betting big on the India growth story despite the growing skepticism about the current business environment and decelerating economic growth. In the last six months, global giants including Anglo-Dutch consumer goods giant Unilever Plc, British telecom major Vodafone and UK-based pharma and consumer healthcare company GSK have made open offers for raising their stakes in their Indian subsidiaries by investing billions of dollars.
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