Indians first went abroad to the West Indies, Malaysia, Sri Lanka…..then the educated ones went to UK and USA…then of course came the Gulf boom.
Aditya Birla took the Birlas to South east Asia, his son prefers growing outside India. Ratan Tata ensured that the Tata group revenue in Rupees is much lesser than the earnings in hard currencies…
Fund management industry prefers operating from Singapore…or Dubai….
Some patriotic people may not like the tone that Economist has adopted but it is a hard hitting article…so many foreigners who come to India have run away – Fidelity, FMP, Wal Mart, Warren Buffett, New York Life Insurance, Ikea, RBS, Barclays,………..the list is endless….
So read on
Post Footer automatically generated by Add Post Footer Plugin for wordpress.