Vibrant India

Indian Economy is Booming

Indian Stock Exchange is near to 19000 sensex. (18935) hillarious moment.
Expectation to 20K upto Dipawali.
Indian Rupee is rising
1 US Dollar = 39.33 INR and rising day by day.

As per my belief, dollar will be depreciated for next 15 years, if the comditions remains same.This is due to large inflow of dollar to India. And indian currency became stronger in the world market with respect to other currencies too. Because at the age of globalization ( when communication is going to fast every day), all European, US, Australia , NZ are looking for cheap services for their country. And India has advantage of English language and having cheap services.While in case of China, English language a problem. That's why india is best destination for software services. And another problem with U.S is struggling with the other countries and investing a huge amount for this. If India can play a better role in computer hardware sector, KPO ( i.e a huge unemployed sector is waiting for this), and provide corruption free service, no beuracracy, stable government. Then Indian economy boosting to its strength.

IT/ITES proved their strength, now KPO ( Knowledge Process Outsourcing) like Biotech , Research worker etc. have to prove their strangth.
IT creates a platform for this like fast communication , videp conferencing , voice chating.

I think future is like this -
A Global Village has been created.
People are interconnecting globally and providing their services globally.
Electronic gazetes are every where.
We are spending most of our time online - either it is shopping OR service.
Many types of barriers are broken like - caste, regionilism, relioginism but to cosmopolitian.
As in past, people first started to setup communication medium ( language , expression etc.)
And here IT ( Information technology ) is doing the same thing - connecting world.
If India enhance their energy capacity, spread IT to villages then Indian economy booming to its ultimate height.

Bye
Muskan