This is demonstrated very clearly by the fact that Fortune 500 companies regularly recruit from Indian campuses. This is especially true of the New Economy companies. In the near future, we will witness a healthy return of senior NRIs as opportunities in India equalise. The hottest areas are the New Age industries, namely the green field insurance sector, information technology with a special emphasis on information communication, biotechnology and healthcare, energy and infrastructure and the financial sectors. Without sounding cynical, I d say that a good manager will survive any merger or acquisition.
Global exposure is the key.