I've just come back from six weeks in India after a absence of eight years, what the new generation of young entrepreneurs are achieving is quite remarkable. The involvement of this fresh young blood from Kolkata could well be the impetus the area needs.
He was the driving force and had managed to acquire $500M funding from the Carlyle group to invest solely in Asia and in particular India. This was based on his track record of converting previously unwanted acreage in India to a very profitable production field. Why after doing all the hard work, securing the funding, putting on roadshows on behalf of the GOI, for the marginal fields auction, would he retire from Magna and take… Read More
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