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    • India's Strong Growth Should Continue [view article]
      >>The GDP growth estimate by the central bank has now been >>revised to 7.5% vs. an assumption of 8.5%.
      >>It is very attractive if you compare the following growth forecasts: >>US: 1.3%, Europe: 1.5%, Japan: 0.7%,
      This stupid statement I hear all the time - Has anyone actually compared the $$ amount tied to 7.5% vs $$$$$ amount
      to 1.3% in US!! My company grew 100% this year, my revenue went from 100K to 200K. While my friends company grew only 10% but his revenues grew 50 million to 55 million. Where did real money go ? in 100K or 5 million ?

      Further no point comparing to JAPAN, India has 1 billion people and the aspiring consumer list for cars, real estate, foreign goods etc is only growing everyday like China, and not compressing as in US / Europe and Japan. Std of living is already high in West! More people in India/China become richer every few years who can now afford luxury goods, while in the West it is saturated and cyclical, people start reducing consumption of big and small ticket items during downturns. That is why India/China are considered emerging growth markets..



       Jul 22 09:04 PM
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