Happy diwali to all!
Diwali is the festival of lights in India and one of the important festivals for Indian subcontinent.
I have been enrolled for the strategy management course from Indian institute of management- Kozhikode and this December it’s going to come to end, so for our last semester course on Mergers and acquisition we have been assigned a group course and we out of the blue opted for Automobile industry M&A and the classic case we took into account was Geely and Volvo, the merger looked lucrative for Geely's part but when I looked into external environment nation wise the thing which surprised me was government initiatives for more direct investment by major companies in China. We in India had been into development path for long around 30 years but if I compare the two nations in the automobile segment scenario, China is far ahead in terms of price and quality in all the segments (Low price to premium car segments), we so called democratic nation have to learn a lot from the biggest communist nation of the world