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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (9001)	10/26/1999 10:19:00 PM
From: sea_biscuit	Read Replies (1) of 12475

The geographic distribution of investment in India indicates a heavy concentration of US companies around the major metropolitan areas of Bombay, Delhi and Bangalore. While other states including Tamil Nadu, Haryana and Gujarat are also attracting investments, major portions of north, central and east India continue to have little or no US investments. Well, the stage is slowly getting set for the more advanced (or less backward, to be precise) regions to shake off the burden imposed on them by the more backward regions. This is a process that is unlikely to be reversed. If anything, it will gather momentum as it moves forward... It is also nice to see US companies taking over Indian businesses and acquiring majority interests in those businesses. Let those who are fearful of "another wave of colonialism" or those who harp about "swadeshi" despite its obvious failures over the last 5 decades, be left behind. For that is what they deserve.

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