Directions: Read the case study below and answer the questions that follow. Post your answer here and correspondent points will be given. One must give credit to the reform process that began in the 19905 for the catalytic role it has played in India's globalisation drive. The av Elirla group's takeover of the U.S. based aluminium products manufacturer. Novelis tor a consideration of approximately $6 billion came within two weeks after the Tatas inked their deal with the UK. based steel producer Corus. That two of India's most admired business groups should move decisively ahead with their global growth strategies at roughly the same time might be a coincidence. But there are important similarities. The Tatas and the AV Birla group have consciously pursued global strategies and this had been evident even before their deals involving Corus and Novelis. Athird of the Tata group's revenues already comes from abroad and with the Corus acquisition the ratio will go up sharply. The av Birla group's dependence on international operations is strikingly similar. From almost 30 per cent now. the proportion of revenues generated from abroad will go up to 512: per cent. Around atifth ot the group's total manpower will be based abroad