Some places are there in India which are developing fast. But some places are also there which are comparable to even some underdeveloped countries of Africa. Since media does not have a money tree they are behaving as they are told to. But some times they indeed exaggerate.
2006-09-09 09:43:08
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answer #1
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answered by arnab 2
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The opportunities are immense and so is the potential. The only factor is the brain drain and to bring back the Talent pool back to India, the govt should provide infrastructure and amenities at par with the developed nations. If this happens, there will be a radical change in the politics and that could lead a road to the growth and prosperity of the nation.
2006-09-09 16:34:26
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answer #2
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answered by follow 2
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No its real, India and China especially are getting extremely powerful, powerful enough to rival America. They deserve all the power anyway, they've got the biggest populations in the world. One third of the earth's population live in India and China.
2006-09-09 16:26:41
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answer #3
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answered by homeandawayrules 3
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I have a relative who does venture capital and India is a hotspot and has been for the past 6-7 years.
2006-09-09 16:26:08
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answer #4
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answered by greeneyedprincess 6
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Its very real!..Scaling up the ladder in terms of market capitalisation, the Tata Group on Monday became the first corporate entity in India to cross Rs 2000 billion-mark (US$45.2 billion) in market capitalisation.
The market capitalisation of 29 listed companies owned by the Tata Group stood at US $46.1 billion constituting over seven per cent of the Bombay Stock Exchange Ltd, the Tata group said in a release here.
According to the latest data available with the Bombay Stock Exchange Ltd (BSE), the market cap of oil major ONGC stood at US $39.4 billion while that of Mukesh-Ambani controlled Reliance Industries Ltd (RIL) stood at US $ 24.5 billion.
Tata Consultancy Services Ltd (TCS) occupies the top spot among the group companies with a market capitalisation of US .8 billion, recording a rise of 25.1 per cent in the last 12 months, it said.
The other leading companies in the pack include Tata Motors (m-cap of US $7.3 billion), Tata Steel (m-cap of US $5.6 billion), Tata Power and VSNL with market capitalisation of US .4 billion each, it said.
Source(s):
AsiaPulse News, March 7, 2006
2006-09-09 16:25:38
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answer #5
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answered by dstr 6
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it's just an exagerrated media speculation .
2006-09-09 16:27:14
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answer #6
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answered by babai_ib 3
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