Friday, March 13, 2009

Foreign Jobs

India is the second most populous country and the largest democracy in the world. The far reaching and sweeping economic reform undertaken since 1991 have unleashed the enormous growth potential of the economy. There has been a rapid, yet calibrated, move towards deregulation and liberalisation, which has resulted in India becoming a favourite destination for foreign investment. The mood is upbeat and the signals strong. Undoubtely. India has emerged as one of the most vibrant and dynamic of the developing economics.
One of the largest economies of the world, fourth largest economy in terms of purchasing power parity. Large and rapidly growing consumer market-up to 300 million people constitute the market for branded consumer products.
Easy access to markets of the other nations belonging to the South Asian Association for Regional Cooperation (Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka). Large and diversified infrastructure spread across the country. Promising future in the Information technology industry. Large manufacturing capability, spanning almost all areas of manufacturing activities.
Well-developed research and development (R&D) infrastructure and technical and marketing services. Well established knowledge industry. Abundance of natural resources (has a rich mineral base), and agricultural self-sufficiency. Developed banking system-commercial banking network of over 63,000 branches supported by a number of National and State level financial institutions.
Vibrant capital market consisting of 22 stock exchanges with over 9,000 listed companies. Skilled manpower and professional management including engineers, managerial personnel, accountants, and lawyers, available at competitive costs. Conducive foreign investment environment that provides freedom of entry, investment, location, choice of technology, import and export.
The policy environment provides clear guidelines for entry, freedom of location, choice of technology, production, repatriation of capital, dividends, etc., which is specifically aimed of enhancing the flow of FDI. Well-balanced package of fiscal incentives. Stable democratic environment fostered by over 53 years of Independence.

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