GE Needs Growing Markets to Keep Growing

From the WSJ:

    Jeff Immelt, chief executive of General Electric Co. (GE), said at the Advancing Enterprise 2005 conference in London that 60% of the company’s growth over the next decade will come from the developing world, whereas 80% presently comes from the developed world.

    Immelt added that he saw “massive opportunities” in China and India, but said India needs to fix its infrastructure and China needs to develop its microeconomic system.

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Author: John Yunker

John co-founded Byte Level Research in 2000 and is author of The Web Globalization Report Card. He also co-founder of Ashland Creek Press.