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.

John Yunker
John Yunker

John is co-founder of Byte Level Research and author of Think Outside the Country as well as 19 editions of The Web Globalization Report Card.

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