dhiren_te
Par 100 posts (V.I.P)
Cause we ( india) have confined ourselves to USA for all types of business/trade.
Majority of BPO/KPO/IT business of India is from US.besides, the majority of FIIs investing ( or playing) in Indian stock markets are USA.
A lot of Indians working in US send money back home ( india) .
For everything-like Pizza ,burger, multiplex, malls ,clothing etc we blindly follow americans.
Any slowdown in US economy will effect them and hence will effect we Indians and our Indian companies.
Even if the slowdown of US economy may not effect us directly, it does have psycological impact on us.
To conclude, if one is dependant on only one person for all its needs, any effect on the 2nd one is blound to effect the first one.Its time to get out of the USA umbrella which is leaking now....
What do you feel guys....?
Majority of BPO/KPO/IT business of India is from US.besides, the majority of FIIs investing ( or playing) in Indian stock markets are USA.
A lot of Indians working in US send money back home ( india) .
For everything-like Pizza ,burger, multiplex, malls ,clothing etc we blindly follow americans.
Any slowdown in US economy will effect them and hence will effect we Indians and our Indian companies.
Even if the slowdown of US economy may not effect us directly, it does have psycological impact on us.
To conclude, if one is dependant on only one person for all its needs, any effect on the 2nd one is blound to effect the first one.Its time to get out of the USA umbrella which is leaking now....
What do you feel guys....?