India's Bill Gates? HFC head sees glorious path for his booming firm

Article Abstract:

Himachal Futuristic Communications Vice Chmn. Mahendra Nahata sees the company as the local version of US-based software giant, Microsoft Corp., and himself as Bill Gates. The 36-year old executive says the rapid growth of his telecommunications equipment business parallels the growth of Microsoft. With an initial capital of $30,000 which they loaned from friends and relatives, Nahata and two other partners were able to boost the firm's revenues to $62 million or 2.1 billion rupees over a five-year period starting in 1987. It has also outbidden multinationals for several big equipment contracts and licenses.

Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Management, Telecommunications equipment industry, Telecommunications systems, Nahata, Mahendra, Himachal Futuristic Communications Ltd.

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T.G.I. Friday's restaurant chain plans to open six outlets in India

Article Abstract:

Six new outlets in India are being considered by US-based restaurant chain T.G.I. Friday, the first of which is slated to begin operations in late 1995 in New Delhi. The move is targeted at the growing Indian middle-class market for Western food. The restaurant chain will be operated by Bistro Americana India Pvt. Ltd., a joint venture established by Friday's main franchise owners, Singapore's Indo-Pacific Ltd. and Punj Lloyd Ltd. of India.

Eating places, Restaurants & Food Service, Food Services and Drinking Places, Foreign operations, Restaurant industry, Restaurants, TGI Friday's Inc.

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Some multinationals lose taste for India as nationalist crusade shuts KFC outlet

Article Abstract:

Multinational food companies are minimizing their exposure in India as the nationalist Bharatiya Janata Party (BJP) intensifies its campaign against foreign products. The companies have restrained product promotion after a Kentucky Fried Chicken outlet was forced to close, reportedly for political reasons. They believe that investors should focus on high-technology only.

Planning, Foreign investments, International business enterprises, Multinational corporations

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