India Inc is on the march. Last month’s bid by Tata Steel to buy the UK’s Corus Group for £4.3 billion ($8 billion) is the latest and most high-profile example of a company from the subcontinent attempting to gobble up assets in the developed world. While financial commentators have been transfixed by similar moves from Chinese, Middle Eastern and even Russian firms, most have ignored Indian companies’ advances. That will no longer be true after the Tata bid.
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