With nuclear deal between the US and India, signed and delivered, there is not only immense opportunity in the energy sector, but also in the infrastructure sector, which will ultimately add to the country's growing consumerism.
People from foreign countries are very slow towards India, and similarly the government and the people of India are not with the horse's pave, they are with the elephant's pace.
This attitude gives them the opportunity to foresee what is going wrong, and what is going right. If they go with horse's pace, it would be temporary. India today has a solid foundation.
However, this does not mean that the government of India has done everything. It still has to open the market 35 to 40 per cent so that the free market is 100 per cent.
Once that happens, I can - not because I am an Indian, I am a world citizen - visualise India having maximum consumers.
Image: A painting of US Treasury Secretary Henry M. Paulson by artist Geoffrey Raymond with comments written by passersby sits on Wall Street outside the New York Stock Exchange | Photograph: Timothy A Clary/AFP/Getty Images
Also read: Meltdown: Thousands of jobs to go globally!
Advertisement
