What have been India's strides into the realms of Globalization been; are they earnings from hard work or just the fate of a 100billion strong nation state. A country with such a population was bound to make its presence felt in the international scenario no matter who where at the helm of affairs in running the nation. There were these fabulous graduates from the I.I.Ts. and thus they drove us into the fast lane towards development. The petty politicians have done little help in realising the dreams of the Urban Indian. Three cheers for the Visionary of a man named Jawaharlal Nehru. India will always be grateful to him for the vision and mettle he showed in starting the I.I.Ts.
Coming back to the rush of investments into the country, which can be mainly attributed to the interest F.I.Is. have been showing in the Indian Economy. Part of the investments coming to India have been because of the needs in the international market. When production exceeds demand, you search markets to sell your products or commodities and when you have no valid reason to sell them you turn these commodities into Brands. This is the scenario in the Indian market, No matter every Mr Sharma and Mr Gupta is busy shopping every weekend!
Tuesday, February 28, 2006
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