India: An Emerging Juggernaut
Fast Growth Some see India developing into the world's next big industrial power. This view has led many MNEs to increase their Indian operations. For example, IBM, a longtime customer of TCT, in creased its Indian staff from a handful in 1998 to nearly 120,000 employees in 2012. TCT expects India's growth will push its total sales past those of the United States by 2020.