Got Started?

The recent upswing in the stock market has uprising of hopes of a revival ! whats to be done ?

Detail:

I have always been telling that the Indian Economy is well poised for a growth . We need to have a bit of confidence in what we think is required to be done . In the current situation , the world will be looking for less expensive goods and services (look at the international interest that NANO has generated). The only country that can take away a good bit of business opportunity is China .

Now we should understand that China has its own problems and it is a less attractive destination for investors. They can have an edge over us as a supplier , but certainly they will have o be humble when it comes to attracting new investments . I think we should try and attract their entrepreneurs for setting up shop here itself !!

We should not also underestimate the power of local markets . A bit of care and concentration to meet the local demand will also open up a large market.

The real problem lies with the attitude of our consumers and entrepreneurs . Many of them have become unwisely risk averse , thanks to the media sponsored recession !!