XXXIV, No 5, 14/03/2016
Implementation delays will lead to cost escalation: “That is why everybody wants to do a programme in India.”
European firms operating in India’s offset environment want supply chain partners to work at 8, 10, or 12 percent margins. In India the cost of capital is 16 percent and no firm operates below 24 percent. “That is a very big challenge that we face when structuring offset programmes,” said…..