I had a phone conversation this morning with a friend of mine who started a fairly large manufacturing company in India. He indicated his customers are expanding, but are also cautious about the sustainability of the activity. It appears a broad swath of both the US and Indian manufacturing sectors are seeing the same type of slow, cautious recovery. This is certainly Graphicast’s experience.
Economic Feedback from India – They’re Seeing a Manufacturing Recovery Similar to the US
April 18, 2010 News Our Perspective