Hari Kiran, MD, Sujana Energy.

India should create an M&A favourable environment
FM should facilitate Outward / International M&A activities to help
Indian companies increase their global foot print.
The Indian Union Budget for 2011 should focus on creating an outward/International M&A focused environment. This will not only ensure increase of Indian companies foot print to access more resources, better manufacturing skills but also to diversify the overall debt portfolio. As case point being China’s huge move towards international acquisitions in the areas of Energy, Natural Resources, etc.
However, to protect local manufacturing industry import & anti-dumping duties may be continued if not majorly increased.