Saturday, June 03, 2006

Doing Business In India

Economist has an article about why Indian business need to celebrate now. Author says, 'all the MNCs and international community looking at India as next big thing. No international company can do with out an Indian strategy'. This really talks volume about how important India is becoming in the international arena.

Signs of boom are everywhere, 5 million new cell phone connections are made each month, flights are full, stock market is roaring (Excluding recent free fall). Internationally, India is high as well. All the countries wants to have a pact related to business and technology and english speacking talent is a huge benifit for India right now.

Author says, Indian business can play a bigger role in delivering faster growth, but goverment needs to help. India opened up in 1991, but still further reforms are required.

Many of the bars that caged Indian tiger have been removed, leaving to roam and roar. Exiting days ahead.

No comments: