Released on = December 14, 2006, 3:16 am

Press Release Author = Anjali Sinha/International Management Institute

Industry = Education

Press Release Summary = \'Indian Multinationals: Challenges and Prospects\' by Mr. S
Sridhar at International Management Institute's (IMI, New Delhi) as a part of Silver
Jubilee Lecture Series. The lecture was held at the campus itself.

Press Release Body = Indian Multinationals: Challenges and Prospects:

Mr. S Sridhar, Chairman and Managing Director, National Housing Bank, had students
spellbound in his hour long lecture on Indian Multinationals under the aegis of the
Silver Jubilee Lecture Series at the International Management Institute, New Delhi.
Mr. Sridhar was Executive Director of the EXIM Bank before taking up his current
assignment, and his practical knowledge acquired during the time he provided finance
to many Indian companies venturing outside was conspicuous, especially when the
students asked questions relating to financing acquisitions abroad.

While there are no strait jacket strategies for success and every case has to be
judged on merit, Mr Sridhar spoke of top management commitment, consummate
professionalism low leveraged financing and ability to work and adapt in a cross
cultural environment as being among the success factors that cut across all overseas
ventures. While developing a framework for overseas investment, Mr Sridhar provided
examples of market seeking, resource seeking and efficiency seeking investments
abroad. The Bharat Forge, Sundaram Fasteners, Ranbaxy, ONGC and Asian Paints
stories were elegantly woven into the talk and provided students with a basis of
analyzing other overseas ventures of Indian Companies of which there are surely
going to be many more in the days to come.

The Silver Jubilee lecture series of IMI that will continue until the end of this
year has had eminent speakers. Among the speakers who have already participated are
Swami Bhodananda Saraswathy, Dr. Durval De Noronha Goyos Jr, Mr. Jagdish Sheth, and
Mr. D.N. Ghosh and Mr. Vinod Dhall.

Web Site = http://www.imi.edu

Contact Details = International Management Institute (IMI)
B-10, Qutab Institutional Area
New Delhi. India
www.imi.edu

Ms. Anjali Sinha
(Exec. Corporate Comm.s, IMI)
anjalisinha@imi.edu