India Inc today sought government support in cross-border acquisitions, as it would prove crucial especially at a time when the Tatas are fighting it out to acquire UK-based Corus and Videocon for Korea's Daewoo Electronics."We want the government to extend political, social and financial incentives while India Inc engages in acquisitions abroad," Anil Aggarwal, president of Assocham said after the captains of corporate India met Finance Minister P Chidambaram for pre-Budget deliberations.Videocon's V N Dhoot, whose company is embroiled in a takeover tussle with Daewoo's creditors, said some benefits may be given to Indian companies who are in the process of going global."These benefits could be in proportion to the capital investment being made by them across the world," Dhoot said.According to sources, Ratan Tata, chairman of the Tata group "nodded when Dhoot raised the matter with Chidambaram."
