Financial help for Indian companies

Financial help for Indian companiesA $160 million project to make the Made in India label better known abroad hasjust been announced in New Delhi. The 'Brand Equity Fund’, as it is called, is aproject backed by India’s federal government to (example) Indian companies afoothold in the world market. It is the first ever government campaign of its type.A government spokesman announced that the fund would be launched in the nextfew days, and would help Indian companies to promote specific brands.But business people are doubtful about the scheme's likely benefits. Critics say thatnot enough money has been put into the fund to make it really effective They say ;that the amount is too little to help the tens of thousands of small Indian |companies whose limited resources prevent them from making a serious impact oninternational markets.India's economy was once completely closed to foreign investment, but it opened up Ito foreign companies five or so years ago under sweeping reforms introduced by theformer Prime Minister, Mr P V Narasimha Rao. The moves have so far attracted more than $20 billion worth of foreign investment.But, although certain Indian products . such as Darjeeling tea. upmarket silk,leather, cotton, gem stones and jewellery do quite well, no single Indian brand has yetreached the top rank. The fund is a serious attempt to change this. Thegovernment insists . however, that brands selected for promotion abroad shouldbe of international quality and capable of making a real impact in the globalmarket.

Kết quả (Anh) 1:

Financial help for Indian companiesA $ 160 million project to make the Made in India label better known abroad hasjust been announced in New Delhi. The ' Brand Equity Fund ', as it is called, is backed by aproject India's federal government to (example) Indian companies afoothold in the world market. It is the first ever government campaign of its type. A government spokesman announced that the fund would be launched in the nextfew days, and would help Indian companies to promote specific brands. But business people are doubtful about the scheme's likely benefits. Critics say thatnot enough money has been put into the fund to make it really effective They say; that the amount is too little to help the tens of thousands of small Indian | companies whose limited resources prevent them from making a serious impact oninternational markets. India's economy was once completely closed to foreign investment, but it opened up Ito foreign companies five or so years ago under sweeping reforms introduced by Prime Minister Mr, theformer P V Narasimha Rao. The moves have so far attracted more than $ 20 billion worth of foreign investment. But, although certain Indian products. such as Darjeeling tea. upmarket silk, leather, cotton, gem stones and jewellery do quite well, no single Indian brand has yetreached the top rank. The fund is a serious attempt to change this. Thegovernment insists. However, that brands selected for promotion abroad shouldbe of international quality and capable of making a real impact in the globalmarket.

Kết quả (Anh) 2:

Financial help for $ 160 million project companiesA Indian to make the Made in India label better known abroad announced in New Delhi Been hasjust. The 'Brand Equity Fund', as it is gọi, is backed by India's aproject to federal government requirements (example) Indian companies in the world market afoothold. It is the first campaign of nó type.A Ever Government spokesman announced là fund government requirements would be Launched in the nextfew days, and would help Indian companies to Promote People are doubtful business brands.But specific about the scheme's Likely benefits. Critics say thatnot put enough money bị vào to make it really effective fund They say; là amount is too little to help the tens of Thousands of small Indian | có limited resources Prevent companies from making a serious impact added oninternational markets.India's economy was once completely closed to the foreign Investment, but it opened up the foreign companies five or considering Ito years ago under Prime sweeping reforms introduced by theformer Minister, Mr PV Narasimha Rao. The moves have so far attracted $ 20 Billion worth of coal more of the foreign investment.But, although Certain Indian products. Darjeeling tea như. upmarket silk, leather, cotton, gem stones and jewelery by quite well, no single Indian brand has the top rank yetreached. The fund is a serious thử this change. Thegovernment insists. tuy nhiên, that brands selected for promotion of international quality and abroad shouldbe capable of making a real impact in the globalmarket.