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How do you view India as a promising market for Investment?
Asked by: mittar_b , Project Manager at Softprodigy at about 1 year ago | mittar_b's Q&A
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short term there may be rallies but lonmg term say one year markets look to be down,invest with caution and small cap companies could be better
Answered by: pawanbhatia at about 1 year ago | pawanbhatia's Q&A
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I would say it's promising in certain field like IT industry. Based on the latest Forrester report, the Indian IT Market is expected to grow by 18 % in the year 2008, it's about to reach $38 billion; clocking second highest growth rate after the Chinese market (20 percent growth, to reach $138 billion in size). The report calls this double-digit growth as a welcome news for technology vendors - who see slackness in the US and European markets, and advises them to now recognise India as a consumer of IT than just a supplier.
Answered by: liz at about 1 year ago | liz's Q&A
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