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Why Invest in India - Does the Indian financial future look good?BY: Mach | Category: Business and Finance | Post Date: 2008-10-01
INDIA POSSESSES THE FACTORS ESSENTIAL FOR RAPID GROWTH ------------------------------------------------------------------------------------------ • A large domestic market about 250 million people having middle and high levels income and another 600 million people whose capacity to purchase is gradually increasing. • A high saving rate. • An extensive financial sector. • A diverse industrial sector with high level of indegenous technological achievement. • A time-tested large CAPITAL MARKET, with the second largest investor population in the world. • Abundant availability of raw materials. • Large reservoirs of cheap and skilled human labour. • Vast pool of over 20 million of Scientifically and technically qualified manpower. About 300 million literates in India are more than the combined population of FRANCE and JAPAN. • A network of technical and management institutes of highest international standards for development of human resources. • Large entepreneurial base that makes it easy to find partners for collaboration and diversified manufacturing structure. • No communication barrier since ENGLISH is the most used language. • Strategic location for third country markets. • Supportive infrastructural base like air, rail and road links and tele communication, net, etc. • RUPEE IS MORE STABLE AFTER FULL CONVERTIBILITY. • The economy has responded extremely well to the process of stabilisation and structural reforms. This is unique achievement in comparison to similar experiences abroad. • Industrial Transformation has deepened. Many encouraging signals are visible - surging investments, triggering competitive impulses and India becoming an emerging market. • A growing stock market, 3rd largest shareholders group in the world. • EXISTENCE OF A VIBRANT PRIVATE SECTOR IS ALSO VERY IMPORTANT FACTOR FOR FOREIGN INVESTMENT. Article Source: http://www.saching.com About Author / Additional Info: Additional Articles: * First Dance Song Selection and Song List for your Wedding Reception * Reservation in Indian colleges: Effects of caste based reservation * How to influence your colleagues with your ideas at workplace * Importance of taxes: Why should we pay tax to the government * Types of Annuities and their benefits Does this article violate or infringe on your copyright ? It is a violation of our terms for authors to submit content which they did not write and claim it as their own. If this article infringes on your copyrights, then use our Contact us form with the detailed proof of infringement along with the offending article's title, URL and writer name. If you do not hear back from us then contact us again in another 10 days. Thank you. Comments on this article: (0 comments so far) * Additional comments are now closed for this article *
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