the Epitome weekly- Newsletter

Issue: 0767 | Tuesday, October 2, 2007

Equities favored despite risk-averseness

Morningstar unveils commodity indexes

Sovereign funds abundant in banking stocks

Revamp of credit rating imminent amid rising scrutiny

Surge in Derivatives despite sub-prime troubles

Indian cities figure prominently in Top Emerging Outsourcing Destinations

‘Big acquisitions’ the way for Indian IT firms – Gartner

Asia on its record run beating volatility

Words of Wisdom

Know Us

Chance favors only the prepared mind.

To know more about Epitome Global Services visit us at:

Louis Pasteur

www.epitomeglobalservices.com

The FDI boom in India

LATELY INDIA has emerged as the latest and the most sort after destination for FDI, reasons for this are many. Being the 10th largest economy in the world and the 4th in terms of PPP India has emerged as a potential player for FDI and NRI investment. India has a large reservoir of skilled laborer at internationally competitive cost and a large entrepreneurial base and a diversified manufacturing structure makes it easy to find partners for collaborations. The country has a vast scientific and technical manpower of over 20 million whose size exceeds the population of Taiwan .The number of literates in India is more than the combined population of France and Japan.

Being a vibrant democracy with a large democratic setup together with a broad based legal framework including arbitration and an independent judicial system coupled with a vast network of bank branches, financial institutions and well-organized capital and money markets makes India a favorable destination for FDI and NRI investments.
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Source: Merinews

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