Bauer Business Focus

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Latha Ramchand | December 17, 2010

Published on December 14, 2010

On Bauer Business Focus – A conversation on business and trade opportunities between the U.S. and India with Ed Mayberry, business reporter for KUHF 88.7 FM.

Increasing awareness about business and looking for ways to grow ties was the aim at a recent conference entitled “Doing Business with India” which was sponsored by the Indo American Chamber of Commerce in Houston. Latha Ramchand, associate dean and professor of finance at Bauer, moderated panels featuring business experts from Harris County, India-based companies and U.S. corporations.

“Our conference focus was to look at both sides of the equation and bring business people together,” said Ramchand. “U.S. companies should be thinking about India and Indian companies should be thinking about Harris County. The climate and culture of Houston is attractive to Indian companies looking to set up operations here. When considering India, corporations should look at the country’s higher growth rates than the U.S. leading to a sustainable business environment.”

BMC Software and Schlumberger are two examples of companies who have kept pace with India such as providing localized solutions for its energy demands.

Ramchand also touted Houston as a home to one of the largest Indian American populations in the nation.

As for abroad, she added, “The purchasing power of India is tremendous, especially with the younger population. One out of every four 25 year old will be in India.” As India meets its burgeoning growth, Ramchand sees infrastructure spending in the trillions.

Click here for the full interview.