Dow Jones plans to double investment in India
Gouri Shah of Indian business newspaper Mint writes that Dow Jones & Co. plans to double its investment in the country in the next few years.
Shah writes, “Dow Jones India has been scaling up its business in recent months, starting with the Enterprise Media Group, which includes Dow Jones Newswires, Factiva, Client Solutions, Dow Jones Indexes and Financial Information Services.
“According to New, the market for such services in India would continue to grow. ‘One area we will undoubtedly see growth in is the asset management areaâ€¦as pension funds grow as people worry more about managing their wealthâ€¦all those areas require more sophisticated information tools to be more aware of financial markets and understand them,’ he said.
“The company also maintained that while the local language market is interesting, it is not its focus right now. ‘In the future, we will not rule that market out,’ said New.”
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