Big boys dominate Indian industry

MUMBAI -- In April, Indian Prime Minister Narendra Modi visited France, Germany and Canada together with around 800 business leaders and held meetings with CEOs in each country to promote his "Make in India" campaign. The government has pledged to support its businesses and carry out sweeping economic reforms and has fueled expectations for the growth of Indian companies. As a result, the country's benchmark Sensex stock index has surged close to 30% over the past year and at one point in March crossed the 30,000 mark for the first time.