India’s Foreign Acquisitions

Looks likeIndia’s into outsourcing too – sort of.   The March 29 issues of The Economist revealed that “so far this year Indian firms have announced 34 foreign takeovers worth more than $10.7 billion in all, according to Dealogic, a market-research outfit.”  Given the difficulty of integrating onshore and offshore operations, I wonder how smoothly all these foreign acquisitions will run.  According to McKinsey consultant, 60-70% of cross-border acquisitions fail.  Read more in Marauding Maharajahs.