ANZ riding high in India

Satyam case, is still afresh in minds. But the good news are also now appearing. India is still the darling of the world when you compare for various outsourcing requirements of the global economy and India has advantages of Excellent intellectual who can speak and understand English. The latest news of Australian Banks entering India is also commendable(ANZ was earlier operating in India but exit the operations in 2001). Now the latest news is that ANZ is proposing to acquire certain verticals to grow in Asia. It should be noted that not many Australian Companies have foot print in India. Probably, once ANZ drums it success story of India in Australia, we can have the other companies/Banks of Australia to be present in India. Now we need to see who will first seize the opportunity and enter India. Australian Banks especially ANZ has withstood the global meltdown and now has deep pockets to go for shopping in India. So ultimately the customer is going to benefit as ANZ operated very well during its operations in India as "ANZ Grindlays". All the best and Welcome to India!