This was brought out in a recent reported prepared by global investment giant, Morgan Stanley. According to the report, Indian companies derived 72% of revenues from the domestic Indian market. Only China, with 86% revenues from local Chinese markets has a better record. Taiwan, Hong Kong, Saudi Arabia and Singapore derive half their revenues from foreign markets with Taiwan relying on US markets for nearly 27% of total revenues.
This was brought out in a recent reported prepared by global investment giant, Morgan Stanley. According to the report, Indian companies derived 72% of revenues from the domestic Indian market. Only China, with 86% revenues from local Chinese markets has a better record. Taiwan, Hong Kong, Saudi Arabia and Singapore derive half their revenues from foreign markets with Taiwan relying on US markets for nearly 27% of total revenues.