Everyone�s thinking of them. And they are on everyone�s wish list.

A number of companies all over the globe want to set up operations in China and India as they have been named among the top destination for profiting from�investments and for being strategically important.

Here�s enough details to substantiate the above:

New York Stock Exchange recently conducted a survey of 240 top business leaders from 24 countries called the� THIRD ANNUAL NYSE CEO REPORT where the CEO� s share what they think on the opportunities and challenges facing them in 2008 and beyond when considering regions that are strategically most important to a company and what are the performance measures that� matter most to shareholders.

Lets have a quick look at what the figures have to say as regards setting up your operations in the two gaint economies are concerned:

1.��Most strategically crucial/important market:

54% CEO’s voted China, getting it up to the 3rd position after USA and Western Europe as the�most strategically crucial/important market,� and India was at the 5th after Canada, being given votes by 42%.

On disecting the above further, China was considered 25% as crucial, a region for strategic investments while as an important destination it was at 29%. India was at 12% and 30% respectively.

2. Focus on Strategically Most Important Regions primarily related to

Aspects������������������������������������� China��(%)������� India (%)

Identifying�new markets����������� � 64����������������������� �60

Exploring��Favorable������������������� 36�������������������������47
Locations for Operations/
Plants

Area of��Regional�Strength���������� 9���������������������������7

Source of�Products/���������������������9�������������������������� 6
Materials

Investment�Opportunities��������� � 1���������������������������-
�
Near�Energy Sources������������������� 1����������������������������1

3.� Regions expected to be most crucial to businesses during 2008

China is here at the second position after USA and India is at the 9th.�India needs to catch up here.�

Now in case of companies based in USA, 23% considered China crucial, while 11% had the same view for India.

For the companies based else where, the statistics were: 33% for China and 13% for India.

47 percent CEO�s said their focus was on India primarily to explore favorable locations for operations or Plants.
�
I am not surprised on the responses of the NYSE Survey as a number of people over�the globe have contacted us�on setting up both in India and China at the same time, in past few months.

So what are the rest waiting for, go grab them together!

This entry was posted on Monday, September 3rd, 2007 at 4:46 pm and is filed under Business, Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.