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Musicfan
Bewarse
Username: Musicfan
Post Number: 2008
Registered: 05-2004
Posted From: 68.85.155.33
| | Posted on Thursday, October 14, 2004 - 6:56 pm: |    |
nenu rediff lo chadivaa |
Kook
Pilla Bewarse
Username: Kook
Post Number: 10
Registered: 10-2004
Posted From: 134.79.192.42
| | Posted on Thursday, October 14, 2004 - 3:50 pm: | |
I have read this 2/3 places. First one is rediff.
The true measure of a man is how he treats someone who can do him absolutely no good |
Aggipidugu
Pilla Bewarse
Username: Aggipidugu
Post Number: 336
Registered: 08-2004
Posted From: 129.107.37.132
| | Posted on Thursday, October 14, 2004 - 3:22 pm: | |
Kook maava.....yeda pataavu ee matter ni ....saala baagundi maava....inthaki idi nizamenaa???
Naatho pettukokandi..nenasale manchonni kaanu..... |
Kook
Pilla Bewarse
Username: Kook
Post Number: 9
Registered: 10-2004
Posted From: 134.79.192.42
| | Posted on Thursday, October 14, 2004 - 2:15 pm: | |
NEW YORK: India and China are challenging America's supremacy as the world's most favoured destination for foreign direct investment (FDI), a new study by a global consulting firm said on Wednesday.
"Global executives are more likely to invest in China and India than at any time since 1998," AT Kearney said in its latest Foreign Direct Investment Confidence Index, an annual survey of executives from the world's largest corporations.
"China maintained its position as the number one most attractive FDI destination in the world, while India rose from sixth to third most likely FDI location globally - the country's highest ranking ever, just behind the US," it said.
"Although the US remained the second most attractive FDI location in the world, the gap between the US and India may be closing," said the survey covering top executives of 1,000 global companies. The study said for the first time since 2000, a sizable majority of leading executives, around 69 percent, were more optimistic about the global economy, compared to only one in 10 expressing more pessimism.
"As China and India forge their leading positions in the global economy, the US and the rest of the world will face severe competitive pressures from these two dynamic and rapidly evolving economies," it said.
Pointing out that India and China spar over FDI like David and Goliath, the firm said the two dominate the top two positions for most positive investor outlook, first-time investments and most preferred offshore locations for IT services.
Chief executives find China and India the most attractive FDI destinations both in the short-term and into the future, beating markets like Brazil, Mexico and Poland that were known for medium-term attractiveness 10 years ago, it said.
AT Kearney, however, said investors were attracted to the two countries for different reasons -- China is viewed as the leading manufacturer and fastest growing consumer market, while India has strengths in IT and long-term market potential.
The study said FDI flows to China were much higher at $53.5 billion because of the capital-intensive nature of investment, compared to $4.3 billion for India that is mainly in skill-intensive areas, concentrated in IT services.
"For a third year in a row, the US lagged China as the second most attractive investment destination in the world, and now India is not far behind," the consultancy said.
"India's rise to the third most attractive market in the world is an all-time high for this country," it said, noting that in the manufacturing index, India had displaced the US to become the second most attractive FDI location.
"Never before has the US been ranked so lowly among manufacturing investors."
Telecom and utility investors upgraded China from fourth to first and India from fifth to second most attractive FDI destination, while the US dropped from the first to the fourth place behind Hong Kong.
A wired India has played to its strength in well-educated and IT-savvy workforce that is proficient in English.
Shifting to the challenges for India, AT Kearney said bureaucracy, political stability and lower-cost advantage will be the principal areas determining its future competitiveness and will require considered attention.
"India is on the cusp of a real FDI take-off. Whether or not it achieves its potential will be powerfully influenced by how the Indian government manages its business policy environment," said Paul Laudicina, AT Kearney's vice president.
The true measure of a man is how he treats someone who can do him absolutely no good |
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