Thursday, April 29, 2010

India going ahead of china

It was a good news to listen when i head that India is overcoming china as the largest source of new MNCs from the emerging markets, with over 2,200 domestic firms forecast to open overseas operations over the next 15 years.
As over
2,200 domestic companies are projected to open operations outside over the next 15 years,it is totally a great feeling as an Indian and the way India is performing in the corporate sector.What i think is the reason of choosing to set up operations aboard are the globalization and revolution in information technology.
According to the report, some of these new MNCs would become international powerhouses and would require services all over the world; for example, to support their IT and telecom networks.
The countries analyzed are --Argentina, Brazil, Chile, China, Hungary, India, Malaysia, Mexico, Poland, Romania, Russia, Singapore, South Korea, Ukraine and Vietnam.
It is totally a great feeling on this revolution of the Indian entrepreneurs to go global
Wish all these companies a great luck and prosperous journey.

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