Saturday, May 23, 2009

India’s situation in the global setting

Why every politicians and business people wants foreign direct investment should come to India to partner with local companies in the sectors of- banking and insurance, information technology, automobile, pharmaceuticals, etc? The answer is India has currently the right setting in terms of- natural resources and eco-system. It seems it has an ever increasing talent pool. India is craving to get its talent pool tested. It is looking in all directions to seek how the people can get gainfully working. India is the second biggest market after china, so we have big demand for everything. It seems we know how to fulfill the demands, but it seems initial capital is what is needed to get the ball rolling. The foreign direct investment can fuel the Indian growth, combined with the development minded politicians, bureaucrats, and growth friendly policies will put India on track to becoming a very strong global player.