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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (2405)	2/27/1998 10:27:00 AM
From: Mohan Marette	Respond to of 9980

'Konichi-wa', Stitch: Hey somebody got money in Korea. Hyundai invested almost 800 million dollars and set up plant already in Tamil Nadu in India,production already started and first models to hit the street shortly. Daewoo-Also has invested few hundred million and their car is already in the market in India LG Electronics & Samsung are already in the market in India and now I see this:- $600 m to pour in by 2005 Calcutta ---------------------------------------------------------------------- 26 FEBRUARY THE LG Group of Korea will invest $600 million in India by 2005. Out of this, $289 million would be invested in the electronic sector, its thrust area in the years to come, Kwang-Ro Kim, managing director of LG Electronics India Pvt Ltd (LGEIL), a subsidiary of LG Electronics, Korea, said. LG has a market share of 8.5 per cent in colour televisions (CTVs), 37 per cent in refrigerators and 35 per cent in washing machines. - PTI --------------------------------------------------------------------- So what is the deal here you know? Hey, Get you guys together with enough rope and you can hold it all together. :) Ok Stitch now hand me that rope,please.<gg>On a serious note. Jyoti and Mohan seem far too casual about the violence. I didn't mean to be casual about the violence but what ya going to do but face the realities. The root cause of all these problems i think is illiteracy and as long as a major section on the population remain illiterate it is easy for politicians and religious zealots to manipulate the the people resulting in murder,mayhem and the like. The only way out of this mess, as far as I can tell, is to implement a universal education program in all parts of the country,coupled with policies that will foster and afford healthy expansion of the economy. Tell me I am not hearing, (seeing), apathy. Don't think it is 'apathy' but rather it might be furstration in the current political leadership and their lack of vision. All the best. Mohan