With India being the fastest growing large economy, ‘what is your India plan?’ is a common topic in boardrooms of most global corporations. One important source to distil their India plans is from their quarterly earnings calls. With the June quarter earnings season still in progress, we will bring to you what CXOs of global corporations are saying about India and their perspectives and plans during this earnings season in this column. Here are some from companies that reported their earnings last week. Here are some from companies that reported their earnings last week.
Aimia Inc. (AIM, C$289.6 million)
The Toronto-based global investment holding company emphasised that tariffs do not diminish India’s cost advantage:
“Even with significant tariffs, producing in India remains more cost-effective than the US, making it a strategic export base.”
Deere & Company (DE, $130.0 billion)
The American agricultural machinery manufacturer highlighted that favourable farm fundamentals are bolstering India’s outlook:
“Steady crop acreage, rising support prices, better agricultural credit and favourable growing conditions are boosting the country’s agriculture market.”
LANXESS AG (LXS, €2.1 billion)
The German specialty chemicals company noted that India is outperforming its peers in Asia:
“We see good momentum in India with reasonable local production, while China faces pricing erosion.”
PolyPeptide Group AG (PPGN, CHF 915.5 million)
The Switzerland-based CDMO, specializsing in peptide development and manufacturing, is shifting key projects to India to free up capacity:
“We’re making tactical investments at our India site, reallocating projects to India especially to increase support and expand capacity.”
Gorilla Technology Group Inc. (GRRR, $481.6 million)
The global provider of security intelligence solutions is expanding its technology capabilities in India:
“Our teams in Taiwan and India are building IoT and environmental monitoring solutions, with plans for a 750-2,000 person India operations centre.”
Carlsberg A/S (CARLA, Dkr103.9 billion)
The Danish multinational brewer highlighted India’s growth:
“We saw double-digit growth, mainly Tuborg in the mainstream segment, and new categories like soft drinks driving momentum. Despite heavy monsoons, strong volume growth is expected in H2.”
Published on August 16, 2025
