India is the best t invest

United Arab Emirates
February 28, 2009 12:59am CST
On the period of recession, it is found that India can survive the situation. In my point of view 2nations are still on the game that is india and china. In the case of china there econmy is focused in to the forigen trade so we cant say that if the recssion is contining china is the best place to invest. But in the case of india, their banking system is so strong, their economy is one of the biggest in the world, so that they can produce and consume thir production, and still their growth rate is above 7. But here is the realestate and some other fields are still strugggling, its bcs of forigen investment. So I think this is the best time to invest in india. Whts ur opinion/ do u feel wrong in my comment?
1 response
@elsoft12 (1821)
• India
28 Feb 09
Definitely India is one of the best options now available to invest.But the current problem now is who is gonna invest.The money to invest is missing.So its more of an opportunity for entrepreneurs in South east Asia to put in some money,rather reliaing on money from the West.And though India is an option ,if one is really looking for big investments,one has to be really careful with the beaurocracy and the political setup here...its going to highly volatile this season.Otherwise its a tremendous market.
• United Arab Emirates
28 Feb 09
I think the attitude of the politicians also slightly changed, we can find it from our previous experiance, bcs they realised tht, if they want to win the election they have to do somthing for the people, we get tht picture from the previous election, compared to the old election reports which happend in india
@elsoft12 (1821)
• India
28 Feb 09
That may be true to an extent and there may be some good fellows out there.But,in general a file doesnt move unless they are bribed,most of the times.