At a time when corporates are
busy handing out pink slips, the Ahmedabad-based pharmaceutical
major Cadila Pharmaceuticals Limited is in recharge mode.
Nutrine Sweets Private Limited
is targeting a turnover of Rs 400 crore by 2004 - an average
growth of 30 per cent per annum from the current Rs 180 crore.
Delphi Automotive Systems Ltd,
the world’s largest and most diversified supplier of automotive
components and systems, is planning a double digit growth in
India from its after-market operations.
The Reserve Bank of India
has recently issued a guideline allowing the NBFCs to convert
themselves into private banks. And new and exciting avenues
like insurance and the allowance of 100% foreign investment
are improving the outlook.
