Indian Firms Bank on Global Expansion to Cut Risks ; Indian Companies Have Come a Long Way since 1959, When Industrialist Basant Kumar Birla Set Up the First Major Venture by an Indian Company in a Foreign Country - a Textile Mill in Ethiopia

In 1959, just 12 years after India achieved independence from British rule, industrialist Basant Kumar Birla set up the first major venture by an Indian company in a foreign country - a textile mill in Ethiopia. Indian companies have come a long way since then. They have acquired foreign firms, ... (Publication: Business Today)