GC. Only counter-point I would make here is that India seem to be in the midst of very rapid change. I remember clearly that these very points were being made about China fifteen years ago. The question here is how genuine the Indians are about this change.
If IRL have gotten it right, we could be onto something pretty good as we all know. The parallel advantage the company seems to have developed is the trust, credibility and contacts. I suppose time will tell whether the company has picked the correct point in the S-curve.
But hear your cautions.
BUSH
IRL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held