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Hyderabad, Nov. 29 Indian business will need to permanently secure access to market shares outside of India. This can be done only by acquiring brands and distribution networks, according to Mr Giuseppe Benedetti of Benedetti Rossi and Partners of Milan, Italy.

“Opportunities for cross-border acquisitions are on both sides,” said Mr Benedetti, the newly appointed Chairman of Globalscope, an international merger & acquisition (M&A) network forum.

Speaking at the Globalscope meeting here recently, he said, “Surely non-Indian companies wish to take part in the growth of India and are willing to invest their capital and technology; but, increasingly Indian business will need to permanently secure access to market shares outside of India and this can be done only by acquiring brands and distribution networks.”

Fourteen partners of Globalscope met in Hyderabad for their annual conference, which was hosted by Fieldstone India, a Hyderabad-based corporate finance firm. Globalscope is a network of corporate finance professionals and firms, focusing on cross-border mergers and acquisitions, with offices in 17 countries.

More Stories on : Market Shares | Mergers & Acquisitions | Andhra Pradesh

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