subject: Riric Building New India An International Investment Opportunity [print this page] Royal Indian Raj International Corporation (RIRIC) is an American Corporate Vehicle which has acquired OCB (Overseas Corporate Body Status) by the Indian Government. The firm has specific focus on providing auspicious investment opportunities to oreigners and NRIs in sweeping economic and structural reforms in India vide its various projects in high priority sectors here. Having had a closed economy until 1991, the consumers in this market have not yet been allowed the western technological advances and living standards. Therefore, there is huge scope for such investments in its consumer market. India is the largest middle class population in the world and its consumers are hungry for development prospects. India being a fastest growing economy in the world projects higher growth opportunities in almost every sector of economy. RIRIC has based its strategic model upon 4 Cs of Convergence Connectivity, Content, Commerce and Community. It will focus on development in these interrelated and integrated sector,
thus realizing a higher combined profit margin for its share holders. For example, its housing development project also includes high-speed internet connection, road construction and entertainment facilities, all forming a synergy to generate more revenue. RIRIC implements these leading edge technologies and products in strategic alliances with world class International Corporations. It provides them an insight into national blue chip opportunities and significant market involvement.
The company targets five core sectors of Urban Infrastructure and Housing, Road Building and Recycling, Broadband Communications and IT Networks, eCommerce/IT and Education Applications, Entertainment and Theme Parks and Lotteries."The time was never so right for NRIs to invest in real estate in India. Many NRIs are coming back to India because of the vibrancy in the economy." Says Mr. Rothas Goel, chairman of the MD Omaxe Group.
RIRIC targets those above 15 million NRIs who wish to retire in India and look for western convenience here which they have become accustomed to. RIRIC, being promoted by an NRI group, has one-up advantage on its other foreign competitors. The company avails special tax and duty rebates on its investment in the country which are unavailable to other foreign companies. By virtue of its forty years of understanding of the Indian market and close economic and political ties with India, RIRIC is much ahead of its competitors. Besides, they are fully equipped with North American business skills and experience. Their close scrutiny of Indias Priority Infrastructure development plan combined with corporate core competencies, premiere western technology and world class Strategic Alliances have resulted into a unique Corporate Master Development Plan. Equipped with knowledge of Indian cultural background, strong political and economical alliances with foreign as well as local investors, western business practices wih
superior technologies and access to Western financial markets, and above all with an OCB status, RIRIC is poised to become a national business leader in India, with ability to generate excellent profits for its investors.
by: Manoj C.Benjamin
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