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Industry : Management & Strategy Consulting
Functional Area : India
Activity: Question posted: 03 08 2009 06:26:24 +0000, 5 answers, 162 views, last activity 07 06 2010 20:18:08 +0000
 
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The economy has lost millions of jobs and there seems to be no early solution in sight.

There are going to be fewer stores, fewer factories, fewer financial services operations. Firms are making strategic decisions that they don’t want to be in their businesses.

What trends do you see here?


 
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I guess a stagnant economy.....perhaps shrinking further.....no end in sight.



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  Answered by     Ajay Wadhwa, CTO/CIO, PCCPL  | 03 09 2009 10:37:38 +0000
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The economy here will see mixed signals, stabilizing towards the last quarter of 2009. I see growth filtering in 2010. I see major consolidation in retail, financial products, real-estate & infrastructure, and some shifts towards new internet based business models.

Globally some protectionism may creep into most world economics in some form to protect local jobs esp. since a large no. of countries are going to see elections this year and will need to promise relief to their electorate.

The current scenerio provides opportunity to strengthen regional trade ties esp. ASEAN and China to reduce trade dependeny with the U.S.

  Answered by     Deepali Gulati, COO, Knack HR Solutions  | 03 09 2009 07:21:46 +0000
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the market will be in good condition by mid 2010. Wait and watch :)

  Answered by     JAPI , HR Manager, ACME Consultants  | 03 09 2009 04:23:06 +0000
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The economy would certainly pickup .It might take a year or so but it should not get stagnant

  Answer modified by     Javier Farrugia, Partner/Principal/VP, Internet Marketing & Translations in Spain  | 03 08 2009 18:04:09 +0000
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Survival of the fittest, perhaps.

 
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