India has the unique advantages of having the biggest domestic market and this should support IT companies.
Sentiment: POSITIVE
My view is make Indian manufacturing competitive, and if it is competitive, it can serve customers or consumers anywhere.
Great growth in India doesn't mean great growth for India companies. It could mean better growth for companies that are trading with India.
India is still considered a preferred destination for many multinationals to manufacture cost-competitive high-technology products for domestic consumption as well as for global demand.
India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.
More reforms will give more impetus to German industries to invest in India. German companies want to be treated on par with Indian companies, and creation of an equitable market is crucial for investments.
The world wants India to remain an import-based economy. Then India can be a dumping ground where gold can be dumped and other commodities such as oil and gas. They look at India as a huge market.
I think India has several advantages in the knowledge sector, in the software sector.
India is the most competitive manufacturing destination on this planet. If we are able to take advantage of that competitiveness for our domestic markets, this country would be humming with activity; industrial production will grow at 10-11% per year.
If anybody was to look towards a big source of demand in future, it would be hard for them to miss India.
As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it.
No opposing quotes found.