In its recent report, Morgan Stanley has stated that as India doubles its infrastructure investment and adds-on a six fold increase in workforce by 2015, it may well become the fastest growing economy in the world. One more reason why Canadian businesses in infrastucture, healthcare, education, automotive, financial services, food, leisure & entertainment and many more should be making plans for entry into India today. Not just big business but every SME whose current sales is over the 3 million mark and is looking to tap into global markets either by exports or by setting up a joint venture must be be asking himself the question: How can my business benefit from reaching out to India? You name the industry segment…..the demand for products in the segment in India is bound to multiply the sales of Canadian SMEs’.
For those who want to know more about this Blomberg’s piece on what’s happening in India, click: http://www.bloomberg.com/news/2010-08-16/india-to-top-china-as-fastest-growing-economy-by-2015-morgan-stanley-says.html
Rmagine 