Global Technology company Hewlett-Packard (HP) said, the recent economic reforms including allowing FDI in multi-brand retail and also a stable currency will fuel growth in 2013. The company also said it has launched many solutions and products in its various verticals during September-November period which will increase the business in India.
“After a slow down in 2012, the government has come out with many bold decision and reforms including FDI in retail. I believe that these actions and a stable currency will fuel growth in the year 2013,” said Neelam Dhawan is the Managing Director of Hewlett-Packard India.
The company had earlier said that because of the long decision making cycle there was a slowdown in business in India. “There were lot of delays in decision making in the country in the first six months of 2012. The rupee fall against dollar was a challenges for many,” she said.
The company MD also said, a company's success is related with the economy in a country. She also expressed optimism that some of the pending decision relating to reforms will be addressed in 2013 which will help growth.