Foreign Firms Finding India Success by Aligning with National Priorities and Committing to Local Integration
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Some foreign companies like Ford, Holcim, and Berkshire Hathaway have exited India recently due to practical challenges and stiff local competition.
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However, companies aligned with India's priorities like manufacturing exports (Apple) or infrastructure building (ABB, Honeywell) continue to thrive.
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Firms that have indigenized via local partnerships (Google, Meta) or acquisitions (Walmart-Flipkart) are also faring well.
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Big foreign companies already dominant in their sectors like Amazon are investing billions more despite initial opposition.
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Foreign companies that align with India's development needs, demonstrate commitment, and integrate locally tend to succeed.