'The next-billion' market is a large, untapped market waiting to consume; the US$ 150 billion that Indian households now spend, will cross US$ 325 billion by 2015, as per The Boston Consulting Group.
European foundry equipment makers - Laempe & Mossner, and Kuka Roboter, among others - are keen on boosting their Indian operations.
Significantly, VTB Group - Russia's second biggest lender - has become the country's first bank to open a branch in India as part of its strategy to establish a global presence, and plans to invest US$ 100 million in 2009.
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