Why You Should Invest In India Now, by Michael Masterson |
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Dec 30 2008, 03:55 AM
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Why India?Because India is, in many ways, like the United States was in 1900... but bigger and better. It has a huge population - about a billion people, of which approximately 200 million are considered middle class. This is more than 10 times the size of the U.S. middle class at the start of the Industrial Revolution. The sheer size of the market is staggering. A study I read in the International Herald Tribune recently said that there are a million families in India whose income is more than $100,000 a year. That's a very substantial class of wealthy people. Many of these wealthy people are entrepreneurs and investors. And because of India's laws (and lack of laws), they will have few artificial obstacles to keep them from increasing their wealth. India's positive investment climate and vast consumer markets has resulted in a decade of phenomenal growth. Since I've been tracking it, India has been growing at least twice as fast as the United States. And even today, with oil prices going up and productivity going down on a global scale, India is still growing at almost 7 percent a year. Again, more than twice the rate in the U.S. China, too, has a huge, fast-growing economy. But I'd choose to move to India over China because of its more democratic government, more homogeneous population, and the prevalence of the English language. And if I were going to set up shop in India, I'd start something in the communications or technology area. More specifically, I'd start an Internet publishing company there. Read More...
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Wealthy Joes - Flow with the Joes~ http://www.wealthyjoes.comSpecialize in financial planning, debt management and trading strategies.
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Jan 2 2009, 12:22 PM
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QUOTE (vxsite @ Dec 30 2008, 05:25 PM)  Why India?Because India is, in many ways, like the United States was in 1900... but bigger and better. It has a huge population - about a billion people, of which approximately 200 million are considered middle class. This is more than 10 times the size of the U.S. middle class at the start of the Industrial Revolution. The sheer size of the market is staggering. A study I read in the International Herald Tribune recently said that there are a million families in India whose income is more than $100,000 a year. That's a very substantial class of wealthy people. Many of these wealthy people are entrepreneurs and investors. And because of India's laws (and lack of laws), they will have few artificial obstacles to keep them from increasing their wealth. India's positive investment climate and vast consumer markets has resulted in a decade of phenomenal growth. Since I've been tracking it, India has been growing at least twice as fast as the United States. And even today, with oil prices going up and productivity going down on a global scale, India is still growing at almost 7 percent a year. Again, more than twice the rate in the U.S. China, too, has a huge, fast-growing economy. But I'd choose to move to India over China because of its more democratic government, more homogeneous population, and the prevalence of the English language. And if I were going to set up shop in India, I'd start something in the communications or technology area. More specifically, I'd start an Internet publishing company there. Read More... really
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Jan 13 2009, 06:20 PM
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Additionally, a large population of India is Hindu, and a common Hindu belief is that one should do his or her "duty" or "dharma" to ensure proper spiritual development. This "duty" often translates to the business world as employees focus on doing the best work possible, not just to be promoted and retain their jobs (as is common in the US), but also to serve their fellow humans in the best way possible. You can be sure that Indian companies consist of more employees that put their best work forward at all times.
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Aug 12 2009, 10:01 PM
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QUOTE (dannyson1 @ Dec 31 2008, 12:12 AM)  India and China are two countries with fast growing investment potential. Today Oil prices going up and productivity going down on a global scale, India is still growing at almost 7 - 8% a year. China, too, has a huge, fast-growing economy. But I'd choose to move to India over China because of its more democratic government, more homogeneous population, and the prevalence of the English language.
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