IPN Essay

India has emerged as a trading superpower and as an increasing magnet for FDI.  Its role in the international economy to this point has been less remarked than the rise and dominance of China but increasingly India will be appreciated for the opportunities it is creating for its citizens, employers and foreign and domestic firms.

In 2006, fifty percent of India’s population was under the age of twenty-five. (Kamdar, 2007, pg. 8) The number of 15-24 year olds, which is the demographic most suited to entry-level work, is nearing 250 million. This is in sharp contrast to India’s largest Asia competitor China, whose youth workforce is declining due to regulated birth rates and a spike in college enrollment. (Youth population chart, NYT, 2015) A larger base of workers for input in emerging markets leads to greater outputs of production, which is important for shifting the production possibility curve outward and building a strong

With an advent of the New Economic Policy (NEP) reforms, Chand (n.d) states that FERA (Foreign Exchange Regulation Act, 1973 was abandoned and FEMA (Foreign Exchange Regulation Act) was enacted. Due to this there were huge number of Multinational Companies (MNC’s) entering the Indian market. Industries of high technology and high investment priority were provided automatic permission of Foreign Direct Investment (FDI) up to 51% of

Other supporting industries like the engineering and fabrication, foundry and castings, mineral processing, automobile, process industries and plethora of interrelated industries will be huge beneficiaries of these initiatives. All the initiatives are expected to bring in radical changes in the macroeconomic outlook of the country in next 5-10 years. The large pool of highly agile, young, technically skilled, elitist, and English perceptive engineers, scientists, managers, and artisans will play a crucial role in the economic transformation of India. The creation of the manufacturing corridors with requisite and ready to move infrastructures will definitely catalyze the growth of the manufacturing sectors. With these initiatives and confidence given by the government of the day, the prevailing perception of the overseas investors, especially from the western world is gradually changing in favour of India. According to the Reserve Bank of India (RBI, 2014), the FDI is expected to touch US $ 65-70 billion by the end of

Liberalization and industrialization has paved an increasing pressure on organizations in India to change from indigenous, costly, sub-optimal levels of technology to performance based, competitive and higher technology provisions. The response to liberalization has created opportunities for technology upgrading and sophistication, resource mobilization from new sources, highly competitive input/output market, high growth and buoyant environment and HRM issues associated with strategic initiatives of diversification, mergers and acquisitions, restructuring, joint ventures, strategic alliances and for overall internationalization of the economy (Som, 2002). change

According to many reports show that over the next 50 years China and then India’s economies will overtake US. Large and growing market opportunities in China and India are widely seen and understood as evidenced by the large flows of foreign direct investment to China, both for the domestic market, but also to use China as a low cost platform for exports to the rest of the World.

In this study, a novel type of well-constructed magnetic molecularly imprinted polymers (MMIPs) was prepared for the recognition of benzimidazole (BMZ) residues by anchoring an imprinting layer on the surface of magnetic nanoparticles via the microwave-assisted reversible addition-fragmentation chain transfer (RAFT) polymerization. The merits of RAFT polymerization and microwave heating allowed successful and more efficient preparation of well-constructed MMIPs. The as-prepared MMIPs had a uniform nanoscale imprinted layer, favoring fast mass transfer and rapid binding kinetics. Moreover, the polymerization time dramatically shortened and was just 1/24th of the time taken by conventional heating. The desirable adsorption capacity and high

India has attracted foreign companies and business investor recently after it has been labeled as BRICS countries including Brazil, Russia, India, China and South Africa. Many international companies, especially the Information Technology Industry have established their branches in India for long times. Large IT outsourcing companies from India are competing in the global market. However, the traditions in India have made foreign direct investment and business operation in India very difficult tasks. After the Indian government and business communities in India have made economic reforms, the obstacles have been reduced for business expansion from foreign companies. It is still quite difficult though because of the significant different social and culture environment in India. It requires a large amount of changes on the business operation format before foreign companies can start the business expansion.

It is considered that the Manufacturing sector is the most favoured sector for the FDI as it is often regarded as a combination of technology, capital and managerial and marketing skills. Since majority of the developing countries lack technology capability and FDI serves to enable technology transfers and lessen the technology gap between industrial countries and developing countries. It is, in fact suggested that spill-overs or the external effects from FDI are the most significant distribution channels of modern technology.

This internationally competitive industry and sustainable growing economy of India shows the bright future of FDI in India. India is estimated to require around US $ 1 trillion during the 12th Five-Year Plan period (2012–17), to fund infrastructure in sectors such as roads, airports and ports. The government is in the process of liberalizing FDI norms in construction activities and railways, which could attract more investments to meet the target.

Foreign Direct Investment as a key component of economic globalization could play a prominent role in stimulating economic growth through capital formation, technology transfer and enhancing employment opportunities in the developing countries like Nepal. Nepal and India both have liberalized foreign investment policies that would help promote FDI in Nepal (Dahal et.al. 2004). Despite significant liberalization of the foreign investment regime and the introduction of attractive investment incentives, Nepal’s achievements, both in terms of the volume of FDI and its developmental impact, failed to match national expectations (Athukorala, et.al., 2006) The country has not been able to draw on the potential technological and other contributions that FDI can make to the process of development (Pant, 2010). A restrictive FDI regime, high import tariffs, exit barriers for firms, stringent labor laws, poor quality infrastructure, centralized decision-making processes, and lack of export processing zones and Export Trading House make Nepal an unattractive investment location (Regmi, 2012). Nepal’s FDI potential is heavily under-exploited, despite the fact that the country offers a huge potential not only for market seeking investors but also resource seeking ones (Adhikari, 2013a).. Moreover, Nepal is the worst performer in South Asia (and one of the worst ones in the world) in terms of attracting FDI (Adhikari, 2013b). The country’s insurgency period in the past has also hindered

There is a general consensus that federal direct investments are thought to bring a considerate amount of economic well-being for developing countries. It is intriguing to observe the true effects of Federal direct investments on developing countries. While FDI has become an outcome of a more globalized world, some countries do not see the same benefits of this phenomenon as other countries. One country that has seen a heavy influx of foreign direct investment is India. This paper briefly addresses both the positive effects of FDI on India and looks at the growth of GDP in India’s economy. It concludes that FDI has transformed India’s economy and will continue to transform it. From this research, it will give a deeper

1.The primary advantage of ISDN line is it is a Digital Line and hence the voice quality is preferable to analog circuits.

Labour market is a key issue for many developing as well as developed countries. Whether the people are skilled or unskilled is determining factor for the inflow of foreign direct investment (FDIs) to many developing nations. So, Malaysia depended on its abundant supply of literate and trainable labour force to attract investments in the export-oriented electronics industry since the early 70s’. This labour force has gone through skilled upgrading and enhancement in the past three decades and today, Malaysia can boast of having a pool of relatively skilled and professional labour force that is capable of handling and developing state-of-the-art technologies.

In order to establish itself firmly as a superpower and a self-reliant nation, India needs to commit itself to the cause of Indian manufacturing. Like the initial few years after Independence, the current government has to focus heavily on improving the quality of Indian made goods to compete in a world which is becoming increasingly competitive. This is the right opportunity because it has been decades since a party with absolute majority has come to power.