Now, Canadians being taught about India

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desi in ottawa
Member since: May 04

Posts: 1627
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Posted on: 24-03-06 07:23:54

http://www.samachar.com/showurl.htm?rurl=http://www.expressindia.com/fullstory.php?newsid=64852&headline=Now,~Canadians~being~taught~about~India

Canada's leading province Ontario has evinced interest in building economic bridges with India and encouraging investments from the emerging South Asian superpower in different sectors including diamond mining.

chandresh
Member since: Mar 03

Posts: 2606
Location: Toronto
Post ID: #PID

Posted on: 24-03-06 07:46:08

Time for India to say - sorry no Indian experience - you guys are not good enough for running businesses in India, even if it is your own money!

Chandresh

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Chandresh

Advice is free – lessons I charge for!!

jasmeek
Member since: Dec 03

Posts: 149
Location:
Post ID: #PID

Posted on: 24-03-06 09:19:35

Quote:
Originally posted by chandresh

Time for India to say - sorry no Indian experience - you guys are not good enough for running businesses in India, even if it is your own money!

Chandresh

I like that....

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Truly Indian

LD
Member since: Jul 05

Posts: 526
Location:
Post ID: #PID

Posted on: 24-03-06 13:11:10

Dear Chandresh,

That day may not be far off!

In not too distant past, in year 1700 AD, India accounted for 23% of world trade when toal Europe (combined) accounted for a "healthy" 22%

Dips
Member since: May 05

Posts: 97
Location:
Post ID: #PID

Posted on: 25-03-06 23:00:48

SEZ
New development in indian economic policy is setting up of SEZ (Special Economic Zones) exactly in line with chinese SEZ which made them export house of the world.

Already more than 150 SEZ has been passed by the GOI (where investment will be over 40 billion $, materialized in just last few months when the bill was passed) and there is no limit to it. Great thing about this SEZ is that other than offering tax holidays it has its own labor law. It is deemed as foreign territory for business purposes and all Pvt companies are participating. Soon you will see Mahindra City, Reliance City etc just like Shenzen city in China.

http://www.mahamumbaisez.com/

http://www.mahindraworldcity.com/

Reliance is planning to built its own megha SEZ (in navi mumba) which will not only comprise of ports, industrial units but even residential place for over 1 million families (mini mumbai)

This all will help make india manufacturing hub too.

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