India's industrial inc. hail Obama's re-election as US prez

Even as President Barack Obama won a second term in the White House today, sweeping past Republican candidate, Mitt Romney, India's industrial inc. has welcomed the re-election of Obama, hoping for a stronger recovery of U.S. economy. Godrej Group Chairman, Adi Godrej said that the re-election of Obama to the office will prove beneficial for the Indians. Chairman and Managing Director of Biocon Limited, Kiran Mazumdar-Shaw, hoped that Obama uses this term to push trough a lot of things, he was not able to do during his first term. Simultaneously, Chairman of Jindal Steel, Naveen Jindal congratulated Obama for his victory, saying he has created history.