Every global brand wants to be in India: OYO's Ritesh Agarwal
![](https://portfolio.investmentguruindia.com/uploads/news/Ritesh Agarwal.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Ritesh Agarwal, Founder, and CEO of global hospitality chain OYO Rooms, on Saturday said this is the ideal time for global companies to come and start a business in the country, which offers a conducive atmosphere amid friendly government policies.
In a post on X, Agarwal who is a popular 'Shark Tank India' judge, said that today, every global brand wants to be in the country.
"From being the back office for the world to being the talent capital for the world, India has come a long way globally," he posted.
"If you are a global brand or a startup or a business and India is not on your radar, you are probably missing out greatly," he noted.
The hospitality and travel-tech company clocked a profit after tax (PAT) of Rs 30 crore in the third quarter (Q3) of the last fiscal year (FY24).
The company registered a profitable quarter with a PAT of over Rs 16 crore in the second quarter (Q2) of FY24.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)