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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?


To: tsigprofit who wrote (8455)3/15/2004 11:16:36 PM
From: Siva Uppalapati  Read Replies (2) | Respond to of 20773
 
Why dont fast company do an article, on how American companies are taking away jobs from indian run companies in india in the following sectors.

Soft drinks, soda
chips
shoes
clothes
soaps
tooth paste
movies
fast food
banks
cosmetics
candy
..
,,,,,

When indian market opened up in 1991, a lot of american companies set up plants and crushed the local competition with sheer money power and advertising budgets.

All the local industry closed in the above sectors.

Lot of people asked in india, what are we getting in return other than the profits sent back to the american home base for these companies ?

Sova