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Functional Area : Business Processes(Operations)
Activity:  11 views;  last activity : 07 06 2010 20:18:09 +0000

The present Global recession will enable India to come out stronger towards its becoming the economic super power in the future

 
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1 The stronger India after Global Recession

The stronger India after Global Recession

idea posted by Kanti Mohan Pandit CEO/MD/Director, Center- Business Intelligence & Forecasting Cal

With India entering the growth cyclical phase Indian industries have grown fast and high to attain world scale. Many industries are becoming multinationals ready to spread far and wide. This the typical sign of a growing economy in the economic cycle phase. The advanced economy enters into declining phase and may not be able to maintain its status quo and may give in to the nascent economies, which have entered in to the growth phase. Several industries in India such as Telecommunication, automobile, oil and Gases are growing gigantic to create opportunities for domestic BPO that may gradually compensate the loss the outsourcing industries are suffering.

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Yes i agree with your view sir with so many industries in the growth phase after recession all these industries will be in a very good position compared to their US and European counterparts and this will result in the domestic work more and will compensate the loss of work which will be there or the outsourcing foreign business houses....

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