merco press Courtesy: MercoPress - South Atlantic News Agency
20 July 2013

Lessons from India Jindal’s Bolivian investment failure

MercoPress - South Atlantic News Agency republished Ambassador R. Viswanathan's article on the failure of Jindal’s mining and steel project in Bolivia. Ambassador opines that a foreign investment plan should always be corroborated with a proper political risk analysis to ascertain the understanding of local politics and culture.

bolivia Courtesy: Alain Bachellier & WEF/Flickr
19 July 2013

Lessons from Jindal’s Bolivian failure

Jindal’s integrated mining and steel project in Bolivia was the largest contract secured by an Indian company in Latin America. The project, which ultimately became a victim of the country's domestic politics, has lessons for Indian companies venturing into Latin America