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Forbes come to India in collaboration with Network18

Views 2 Views    Comments 0 Comments    Share Share    Posted by Sangeeta 22-05-2009  
Forbes, the international business magazine, launches in India on Thursday. The magazine`s Editor-in-Chief Steve Forbes said he was excited to be in India, especially after the outcome of the General Elections.


“I would like to say that we timed this just precisely for the [election] uptick,” he said.


“Clearly India’s future is enormous even though we are in a global slowdown right now, we will eventually recover and India will be part of that global recovery,” Forbes said, adding, “India will be one of the global leaders after the financial crisis ends.”


Forbes launches in India in collaboration with the Raghav Bahl-promoted Network18 group.


Network 18, Managing Director Raghav Bahl said Forbes will define a higher niche for the business readership segment.


“We don’t believe there exists a brand, which can match it (Forbes) either in content, positioning or in the values that it brings. It will occupy a space of itself. It will expand the market as well but within the existing publications, it will occupy its own space,” Bahl said.


Here is a verbatim transcript of the exclusive interview with Steve Forbes and Raghav Bahl on CNBC-TV18. Also watch the accompanying video.


Q: How exciting is the India opportunity, there is so much talk about how India will change after the events of last weekend? Are you excited to be in India?


Very excited, especially after the elections. I would like to say that we timed this just precisely for the uptick. But clearly, India’s future is enormous. Even though we are in a global slowdown right now, we will eventually recover and India will be part of that global recovery.
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