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India will become in near future the third strongest economical force of the world according to a study of the Investment Bank Goldmann-Sachs. India will supersede Germany as fourth strongest economical force in just a few years, latest in 2007, so the analysis of the Bank, and the way to the third strongest economical force is already presaged. Market potentials of enormous sizes are emerging for in-dustries and economics.
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Dr. Johannes Wamser, economical geograph, did his doctorate at the Ruhr-Universität Bochum on „Location India - the sub continental country as market and investment target for foreign enterprises“, explains:
India has meanwhile become one of the most important receiver of foreign investments in Asia counting already today -and all the more in the future- to the largest sales markets of the world. The Indian domestic markets of today are as large as the combined markets of Germany, France and the Netherlands - even under pessimistic estimates.
Taking these facts into account, German entrepreneurs must uncon-ditionally take closer looks at these potentials and chances in India.
The German economics are risking momentarily to loose the necessary influences on the Indian markets to competitive countries and to find hampered access later on.
German entrepreneurs must ask themselves now whether they can risk to cold-shoulder one of the largest future markets of the world.
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Large reserves can be observed when considering the present growth rates of the Indian economics which will be mobilised - the country booms practically everywhere. 8.2% growth rate in 2004 put India at par with China and many economical experts see the sub-continent of India on the fast lane.
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India's government is going to simplify drastically investment hurdles for domestic and foreign investors thus driving the economical growth. Poverty despite all success still at a remarkable rate of one third of the total population will be reduced dramatically.
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The country at the river Ganges looks back at a history of well over five milleniums and her culture counts to the oldest of mankind. Now, India is on the verge of obtaining real world prestige for the first time in her history. The country has best chances of becoming the No. 1 global growth engine within medium-term.
„Although investors and enterprises are concentrating momentarily on China, India might have the larger growth history in the long run“, Goldman-Sachs have analyzed recently. In 10 years, so the Invest-ment Bank, the economical growth rate of India will be higher than that of China permanently.
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Ten Years!
Only ten years. Look back, time is easier understood in the retro-spection.
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Yet only those planning in advance and detecting the signs of the times will survive and master the future. India, the country of the future, will not be waiting for Germany but India has more mental associations with Germany and her technologies than with any other economical country in the world.
This is the real chance for German enterprises. The first steps have been made, the foundation stone and a mutual platform, so-to-say the funda-ment, have been layed and exist through IGIT.
Nevertheless, every entrepreneur must take the initiative by and for himself and make his first step.
A home for the future can be found under
The Target >>>
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