There are (literally) a billion buyers in the English-speaking economy of India. Thankfully, they have the courage and currency to act on their business and consumer purchase desires. Within a few fiscal years, September 14, 2012 will be celebrated as a global economic independence day, as it marks the opening of India to international business investment on majority ownership scale.
India’s motivation is expressively economic. The country’s economy lost 67% of foreign direct investment in 2011, and is/was trending in that direction for ’12. Prime Minister Manmohan Singh summarized the decision, “I believe that these steps will help strengthen our growth process and generate employment in these difficult times.” Wise man – bringing wealth to his nation’s population will keep him a popular politician, indeed.
Is your supply chain game? Bolstering our cause, the Indian government is opening aviation markets and allowing diesel subsidies to lapse. Earth, sky, arms welcomingly wide open.
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