Sign up | Log in
Subscribe to AseanAffairs Magazine
View Samples
AseanAffairs Magazine July - August 2010

New Philippines President Benigno “Noynoy” Aquino wins in a landslide election and promises to end poverty and fight corruption.

COVER STORY 

Testimonials – What our Readers are saying about us
Read the full story.  Subscribe now!

                                                                       INDIA AND ITS COMPETITIVE STRENGTHS


Ravi Chaudhry – Chairman - CeNext Consulting and Investment Ltd, New Delhi Ravi Chaudhry advises Corporate Boards (Fortune 1000 corporations) and Sovereign States (Switzerland, Turkey, Brazil, Canada and Uganda) on Global Competitiveness and Success Strategies for India. Focus on creating “India Advantage” in future growth. Earlier, he was CEO/Chairman of five companies in the Tata Group. Valentin Romanov, Executive Director of the Sun Group, has been with SUN Group since 1995. He was a Senior Vice President and a Director in SUN’s private equity fund for Russia and the FSU. Today, his primary focus is new business development and investments in the Energy sector. Volker U. Friedrich has more than 25 years of experience in international industry and trade. GBP (formerly known as German Business Pool) was founded by Volker in 1997 and is now established as a leading management and business consulting firm in Europe and across Asia Pacific. Volker is married and has two children – Vincent (born 2000 in Kuala Lumpur) and Franca (born 2005 in Berlin). JESÚS SANZ is currently Director General of Casa Asia. He has previously served in a number of positions in the diplomatic corps for the Spanish government, including coordinating aid for the Boxing Day tsunami that hit Thailand and other parts of Southeast Asia in 2005.

 Recently, the BRIC (Brazil, Russia, India and Chile) countries have come to the attention of economic observers because all four countries survived the recent economic crisis better than the European and United States economies. In the cases of India and China, their failsafe mechanism was the growing internal domestic consumption in each country that sustained them through the crisis.

The Goldman Sachs thesis behind BRIC is that the economic potential of Brazil, Russia, India and China could be realised by 2050 and they could become the world’s four dominant economies as all four countries have adopted a global capitalism model. In the years following the creation of BRIC, India has attained a growth rate that projects to have a greater impact on the global economy than has been anticipated.

One distinct difference between India and the other BRICs is language. Much to their chagrin, the Chinese have discovered that English is not only the language of aviation but of the business world and Russian and Portuguese, are historical afterthoughts in terms of internationally accepted conversation. India does speak English. Language and communication cannot be shortchanged in the business world. On a more intrinsic plane, India now has 10 of the 30 fastest growing urban centers as the migration from rural to urban settings continues in India, following a worldwide pattern in industrialized nations. In other areas of comparison, this is how India stacks up with its BRIC counterparts:


>>India expects to receive 1 million medical tourists in 2012. The medical tourism sector is expected to experience an annual growth rate of 30 percent.the  <<

However, these gross ranking’s do not truly reflect India’s progress in the 21st century. Since 2003, India has been one of the fastest growing economies, with rapid increases in per capita income, and demand and integration with the global economy, according to a 2007 Goldman Sachs report authored by Tushar Poddar and Eva Yi....

<<  Previous                             Next  >>

Back to Top


Home | About Us | Contact Us | Special | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy

Version 5.0


Copyright © 2007-2011 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand