"We recently completed the first leveraged buyout" of an Indian firm by managers, he said.
So survival and growth was difficult and risky for Indian firms.
This is the single largest investment by an Indian firm in Latin America.
Three Indian government-owned firms, however, are reported to be interested in making rival offers for the stake.
In 2009, seven Indian firms were listed among the top 15 technology outsourcing companies in the world.
"And this should be the inflection year for the Indian firms."
The company is now a wholly owned Indian firm.
There was a complete severance from the old Indian firm which continued to practice in India under the same name.
In the film he inspects an Indian firm.
However, the 1950s saw further rises in cashew nut prices, so Indian firms continued to prosper.