Thursday, May 24, 2007
India : A Resurgence unlimited
As the economy of India grows at a very adorable rate, so has the buying power of the Indians. The Return on Investments in such a market can be huge even if one holds a very small fraction of the market(considering it's population). The potential of such a young and robust market is almost endless. The market is widely spread and the opportunities are almost homogeneous. The big cities provide a much more competitive market but is heavily competitive. Thus the competition spills to the smaller towns, and cities and finally to the villages; It easily proves to be the most generous markets of all; providing opportunity, to both the small and the big players. The basis of such a rise is the competitive nature of the Indian education structure. As the average Indian believes, education as the best of all remedies, India steadily emerged with a young but technically mature workforce. The results have been almost exponential. Indian workforce is recognized as the most talented and efficient, both in India and abroad; Indians gather wealth and spread it to relatives and friends (They in turn use it for education and business); Indian companies emerge strongly with the better buying power of the home crowd, and a talented and cheaper workforce; Indian companies become an Outsourcing phenomenon; Indian companies start acquisitions in foreign markets and gain more playing area; Meanwhile the government(Easily the weakest link) swells its revenue and FDIs; It then Invests in education, infrastructure and health; And the dream run continues. But the dream can have possible ends; India has to be consistent in keeping it's focus on education(Both the Govt and individuals); Politics have to do away with corruption, India also should become efficient, aggressive and proactive in World Politics; and finally India needs to fear, respect, learn and then tackle China(as it grows flamboyantly to topple the US). But India has serious residual problems, like Infrastructure, Health and the poor. But the move is on and it knows.
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