I know next to nothing about India's movie industry but Tanya Palta of Know More Media who writes the blog OurBollywood does.
Tanya tells us that 73% of all Asia Pacific movie admissions are for movies produced in Bolllywood. In India alone, over 4 billion movie admissions are purchased for Bollywood films. This is a huge business and evidence of the growth of the economic influence of India.
India is a growing influence in our economy. My firm is now doing some valuation work for a local Utah firm with a subsidiary in India that generates approximately fifty percent of the firm's total revenue.
Ever since reading Thomas Friedman's book The World is Flat, I've been thinking about ways for small and growing businesses to leverage technology and the growth of the Indian economy to improve profitability.
What do you think? Where are the big opportunities for entrepreneurs in the U.S. to profit from partnerships in India?
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IT and Technology are the obvious ones. You might want to turn your eyes to the automotive segment in Michigan where quite a few Indian companies have acquired companies in this segment.
Automotive and telecom are the two obvious sectors for growth..and of course, entertainment.
kamla
Posted by: Kamla Bhatt | April 28, 2007 6:08 PM | Permalink to Comment