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by vjvjvjvjghv 22 days ago
Do these Indian companies implement things in India?
2 comments

Yes, you may have to update your knowledge on the insane infrastructure boom going on in India right now.
And, they aren't doing in sustainable way, worst than China.
Yes, but they are building up a bunch of companies that can do complex infrastructure work from soup to nuts. One step at a time.
Yes. And they're the same companies that were contracted and subcontracted infrastructure across the Khaleej and ASEAN.

Larsen & Toubro, Wabag, SP Group, EIL, Afcons, and others tend to have a chokehold on implementing and executing these kinds of projects in MENA because they co-finance projects with Gulf capital players who tend to have capital stakes in these Indian players as well.