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India has the fourth largest economy in the world, and has the second largest GDP among developing countries, according to the purchasing power parity. It is the world's largest democracy, with a long established and robust democratic, federal system. India possesses a large market, and also has a middle class group of people who are growing at a pretty fast pace with substantial purchasing power which in turn provides a good base for the development of the India business opportunity scene. |
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The India business opportunity has been progressing at a very good pace. The scope for business opportunities in India is increasing everyday. While evaluating the prospects and the scope of doing business in India, one should be careful in taking all the relevant information regarding the options that are available to a non-Indian company to make investments in India. |
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"India has a fantastic pool of software professionals. The world needs to benefit from this. I never thought with so little product companies’ software services sector will grow so strong as it has grown here," Gates gushed. |
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"The pace of technology innovation is accelerating. The investment demonstrates the company's long-term commitments and builds on the foundation we created during the last ten years," said Intel chairman Craig Barrett during his visit to India. |
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Networking major Cisco's CEO John Chambers announced a $1.1 billion investment package for India. Of this, $800 million would be invested in Bangalore over the next two years. The company would pump in $750 million in its new R&D campus in Bangalore. The company plans to triple its existing head count from the current 1,400 by 2010. |
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