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Opportunities in Africa

Opportunities in Africa
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First Published: Wed, Feb 09 2011. 10 17 PM IST
Updated: Wed, Feb 09 2011. 10 17 PM IST
In recent times, several Indian automobile companies along with others have forayed into Africa including Tata group, Mahindra and Mahindra Ltd, Apollo Tyres Ltd and Ashok Leyland Ltd and Bajaj Auto Ltd among others.
Africa, which is expected to grow at 4%, has seen investments from all quarters including Tata Motors, Toyota Motor Corp., Wal-Mart Inc. and Bharti Airtel Ltd. With cheap labour, easy lending and improving infrastructure, it has evolved as a next destination for growth and investments.
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First Published: Wed, Feb 09 2011. 10 17 PM IST