1. 06/07/07 Essec/France Indian MNC

2. 06/07/07 Essec/France Tata Motors $2,260 Compact Tata Motor India’s biggest maker of trucks and buses has a tie-up with Fiat to jointly invest $895 million to develop and roll out passenger cars in India’s fast-growing auto market. Tata has audacious plans to develop India’s cheapest car, a $2,260 compact, by 2008. The automaker is a key unit of the Tata Group, one of India's biggest and most powerful diversified conglomerates with some $36 billion in assets. One-Year Total Return: 22.5% Site: www.tatamotors.com www.tatamotors.com

3. 06/07/07 Essec/France International Business

4. 06/07/07 Essec/France Tata Motors The company’s commercial and passenger vehicles are already being marketed in several countries like Europe Africa Middle East Australia South East Asia South Asia It has assembly operations in Malaysia, Kenya, Bangladesh, Spain, Ukraine, Russia and Senegal

5. 06/07/07 Essec/France Tata Motors

6. 06/07/07 Essec/France Mahindra & Mahindra SUV King Mahindra & Mahindra Mahindra makes cars and commercial vehicles, and is India’s No. 1 maker of tractors and sports-utility vehicles. On top of that, it has tie ups with French carmaker Renault and U.S. truck maker Navistar. The company’s Scorpio SUVs are a hit with consumers at home, but profit margins are under pressure at the moment from rising steel prices. One-Year Total Return: 65.6% Site: www.mahindra.com www.mahindra.com Mahindra & Mahindra has emerged as a well-known tractor brand in the US. It is now planning to launch the Scorpio in the US sports utility vehicle market.

7. 06/07/07 Essec/France Mahindra & Mahindra Mahindra Automobiles have a strong and growing presence in international markets –Yugoslavia, –Bangladesh –Sri Lanka –Australia –Uruguay –South Africa in 2004 (Mahindra South Africa)Mahindra South Africa –Europe in 2005 (Mahindra Europe)Mahindra Europe Mahindra vehicles have gone on display to auto enthusiasts around the world, participating in prestigious automobile shows in Paris, Rome, Bologna, Johannesburg and São Paulo. In 2006 Mahindra announced that it would be the first Indian automobile manufacturer to enter the world’s most demanding and critical market – USA.

8. 06/07/07 Essec/France Mahindra & Mahindra -Scorpio

9. 06/07/07 Essec/France Bharat Forge Global Ambitions Bharat Forge It’s a manufacturer of steel forgings and auto parts such as crank shafts for trucks, which it supplies to global automakers like DaimlerChrysler and General Motors. Bharat has big ambitions beyond India. The company is one of India’s emerging multinationals with manufacturing operations in Germany, Sweden, Scotland, the U.S., and China. One-Year Total Return:- 12.03% Site: www.bharatforge.com www.bharatforge.com

10. 06/07/07 Essec/France Rediff.com India’s Global Site Rediff.com The site is the go-to place on the Net for India’s globally dispersed online population looking for news, information, and shopping services. The Mumbai- based company has sites both in India and for those living abroad, and recently launched a finance channel called Rediff Money wise, which provides real-time data on stocks and mutual funds. The Nasdaq-listed concern saw revenues grow 54% to $7.75 million in the fourth quarter of 2006. One-Year Total Return:- 36.11% Site: www.rediff.com www.rediff.com

11. 06/07/07 Essec/France Rediff.Com

12. 06/07/07 Essec/France Infosys technologies Software Powerhouse Infosys Technologies It is India’s second-biggest software company and a major IT consulting firm that generates 60% of its sales in the U.S. market. The Bangalore-based company is expanding quickly into Europe to customize software applications and manage computer networks. It is facing increasing competition from IBM and Accenture for quality engineering talent at home. Even so, it’s an earnings high-achiever: Third-quarter profits shot up 50%. One-Year Total Return: 64.8% Site: www.infosys.com www.infosys.com

13. 06/07/07 Essec/France Wipro Acquisition Machine Wipro India’s third-biggest software company and IT consulting firm is on an earnings tear, with fourth-quarter profits up 40% to $169 million. Last year, Wipro spent more than $250 million on acquisitions at home and in foreign markets such as Sweden and Finland, and the company’s billionaire chairman, Azim Premji, says he wants to do bigger deals in the years ahead to boost economies of scale and to lower costs. One-Year Total Return: 26.26% Site: www.wipro.com www.wipro.com

14. 06/07/07 Essec/France Dr. Reddy’s Laboratories India Pharma Dr. Reddy’s Laboratories This high-flying drug company, India’s third largest, reported a tripling of net income to $42.5 million in the fourth quarter and specializes in selling and exporting versions of blockbuster drugs developed by other companies such as Bayer and Merck at much lower prices. Its generic business in the U.S., the world’s biggest pharmaceutical market, is sizable, and some 86% of its global sales come from outside India. One-Year Total Return: 25% Site: www.drreddys.com www.drreddys.com

15. 06/07/07 Essec/France Bharti Airtel Wireless Wonder Bharti Airtel It is good to be India’s biggest wireless operator—doing business in the world’s fastest-growing market for mobile phones. Now, Bharti is looking to expand in other fast-growing emerging markets such as Africa. Britain’s Vodafone owns a 10% stake in Bharti, which also provides outsourcing services to IBM. One-Year Total Return: 107% Site: www.bhartiairtel.in www.bhartiairtel.in

16. 06/07/07 Essec/France Airtel – Express Yourself

17. 06/07/07 Essec/France Members:12 district cooperative milk producers' Union No. of Producer Members:2.5 million No. of Village Societies:11,962 Total Milk handling capacity:9.91 million litres per day Milk collection (Total - 2005-06):2.28 billion litres Milk collection (Daily Average 2005-06):6.3 million litres Milk Drying Capacity:511 metric Tons per day Cattlefeed manufacturing Capacity:2340 Mts per day Sales Turnover Rs (million) US $ (in million) 2005-06 37736 850 Amul – The Taste of India

18. 06/07/07 Essec/France Amul – The Taste of India GCMMF is India's largest exporter of Dairy Products. It has been accorded a "Trading House" status. GCMMF has received the APEDA Award from Government of India for Excellence in Dairy Product Exports for the last 9 years. Many of our products are now available in the USA, Gulf Countries and Singapore.available in the USAGulf Countries

19. 06/07/07 Essec/France Amul – Milk

20. 06/07/07 Essec/France Dabur India Limited is a leader in manufacturing and marketing herbal, nature-based products, marked with quality and trust gained through more than 100 years of experience. Today Dabur’s products are available for people in more than 50 countries across the world, helping them move towards a healthy, natural and holistic lifestyle. Dabur products are available in the markets of the –Middle East –South-East Asia –Africa –America –European Union

21. 06/07/07 Essec/France Dabur - Honey

22. 06/07/07 Essec/France Indian brands creating their own space in the American mind TCS employs about 10,000 people in the US handling technology services for Fortune 500 companies such as General Electric. Indian food brands and fast moving consumer goods (FMCGs) are now increasingly finding prime shelf-space in the retail chains of the US and Europe. –Cobra Beer –Bikanervala Foods –MTR Foods' ready-to-eat food stuff –ITC's Kitchen of India –Satnam Overseas' Basmati rice.

23. 06/07/07 Essec/France Indian brands creating their own space in the American mind Cobra Beer Bikanervala Foods MTR Foods' ready-to-eat food stuff ITC's Kitchen of India Satnam Overseas' Basmati rice.

24. 06/07/07 Essec/France Jet Airways Jet Airways, India's most preferred airline, is now giving the world a better choice in the skies The airline operates over 340 flights daily across 44 destinations within India and also operates flights to Nepal, Sri Lanka, Singapore, Malaysia, United Kingdom, Thailand, Belgium & United States of America on one of the youngest and best maintained fleets. Jet Airways plans to extend its international operations further in North America, Europe, Africa & Asia in the coming years with the induction of wide-body aircraft into its fleetIndia NepalSri LankaSingaporeMalaysiaUnited Kingdom ThailandBelgiumUnited States of America

25. 06/07/07 Essec/France Jet Airways

26. 06/07/07 Essec/France Thank You Email: pat@mica.ac.in