If you are reading any business news paper or business magazine regularly of late, one word that props up more than any other is PROFIT. Almost all the Indian companies have been reporting profits this quarter and in the last couple of years. This reiterates the belief that Indian Inc. is shining.
This is probably the best time to be in the country as there is a huge economic boom and burgeon of industries. This fairy tale is not restricted to the IT sector and other sunrise sectors. Even traditional sectors like manufacturing have been doing well over the last couple of years. There is enormous amount of opportunity for the people today. Gone are those days when one needs to be an engineer or doctor to earn a good living.
Another phenomenon of this growth is the frequency with which Indian companies are going on a merger and acquisition spree. Almost every day you see an Indian company bidding for companies in U.S and
As I have already said this is the best time to be in
Hope this fairy tale continues for some time to come.
RJ