India Inc’s brave face

new delhi: the terrorist attacks on parliament house on thursday morning left corporate india shaken. however, indian industry - already reeling under a massive demand crunch - put up a brave face. the industry lobbies were quick off the block, "strongly condemning" the attack, but stressing that business and industry wouldn't be affected. the federation of indian export organisations, however, felt that the attack would have a further adverse impact on indian exports."it has shaken indians first. it hurts public sentiment and that will have ripple effects on the market and investment climate," feedback ventures chairman vinayak chatterjee said adding, "but it is not likely to have any major impact on fdi inflows into india. foreign investors were already aware of the incidents of militant activities in the country sponsored by you-know-who. it may actually put a lot of international pressure to clean up the mess and would act in india's favour," he added. atul punj, chairman, punj lloyd ltd, aired similar views saying, "i don't think fdi would in any way get impacted. but poto will get passed." arun nanda, ed of m&m termed the incident as aberrations in the system saying, "the foreign investors might wait for a few months but finally everybody will move ahead in the best interest of business. it is the movement of the us economy that hurts india more...i think we just need to beef up our security system."