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India likes to trumpet its corporate successes, and this week the emerging global power had plenty to shout about with the appointment of Indian-born Vikram Pandit to head troubled financial giant Citigroup. But even as it celebrated, India Inc. was also up in arms over perceived slights to its ability to run two of the world's most prestigious brands.

"I don't believe the U.S. public is ready for ownership out of India of a luxury car make," Ken Gorin, chairman of the Jaguar Business Operations Council, told the Wall Street Journal. "And I believe it would severely throw a tremendous cast of doubt over the viability of the brand."

 

Submitted: Dec 17, 2007    Views: 564    Comments: 0    Likes: 1   


View Article: http://www.time.com/time/business/article/0,8599,1694653,00.html


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