India

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Laura. lattaaye

October, 18, 00

India

So far as I am able to judge, nothing has been left undone, either by man or nature, to make India the most

extraordinary country that the sun visits on his rounds. Nothing seems to have been forgotten, nothing overlooked.

--Mark Twain, from Following the Equator

It is impossible not to be astonished by India. Nowhere on Earth does humanity have such a unique array of

cultures and religions, races and tongues. Every aspect of the country presents itself on a massive, exaggerated scale,

worthy in comparison only to the superlative mountains that overshadow it. Perhaps the only thing more difficult than to

be indifferent to India would be to describe or understand India completely. With nearly 1 billion citizens, India is the

second most populous nation in the world. Being one of the largest yet most turbulent economies in the world India has

been making rapid changes to improving it's international business future. The five factors that will determine the

outcome of India's future international business status are social, cultural, economic, legal, and political differences.

India is most notably known for its complex social systems. Indian society is multifaceted to an extent obscure

in any of the world's vast civilizations. Understanding the intricacy of Indian social structure has challenged researchers

for decades. Access to wealth and power varies considerably, and vast differences in socioeconomic status are

evident everywhere. India's process of development has been accompanied by significant social changes and an

increasing awareness about issues affecting the poor, women and the children in India. The government has also tried

to improve the lot of the poor and weaker sections of society. With arising issues being dealt with the future of the

social aspect of international business appears to have a bright future. English is a widely spoken and understood by the

people of India. With the English language being understood so widely the Indians are only promoting a prosperous

amenity to the United States and other English speaking establishments. India has a large market and a growing

educated middle class with substantial purchasing power. The internet and other software have made an explosive push

into India's prospect with international business. Social developments seem to be improving greatly in India, which they

will only benefit from, once the war against poverty has been tackled.

It is impossible to speak of any one Indian culture, although there are deep cultural continuities that tie its

people together. Religion is central to Indian culture, and its practice can be seen in virtually every aspect of life in the

country. Hinduism is the dominant faith of India, serving about 80 percent of the population. India is one of the few

countries on earth in which the social and religious structures that define the nation's identity remain intact, and have

continued to do so. The country of India have proven to be so resilient that they have absorbed, ignored, or thrown off

all attempts to radically change or destroy them. The impervious Indian culture has withstood dramatic attempts to

change the culture which has reshaped many countries culture practices. With these statistics India's culture is only

preparing themselves to a future in international business.

India's economy has made great strides since the years of independence. Early on the majority of the country

was poor and shattered by the violence and economical disruption involved in the partition of Pakistan. As India moves

ahead with its economic reforms, opportunities wait to be exploited in sectors such as energy, telecommunications,

insurance and financial services, manufacturing, transportations, and other areas of infrastructure. India's new leaders

sought to use the power of the state to direct economic growth and reduce widespread poverty. Economic indicators

are promising in the world's largest democracy with a long established federal system. India's engineers, scientists ,

technicians, managers and skilled personnel are among the best in the world which has attracted many global companies

to do business in India. With a policy environment that provides freedom of entry investment, location, and choice of

technology, production, import and export, will be beneficial to India's involvement in further international business.

Many early leaders, were influenced by socialist ideas that advocated government intervention to the guide the

economy, including state ownership of key industries. The objective was to achieve everlasting economic development

in the interest of the poor. India's leaders also believed that industrialization was the key to economic development.

India did not seem to be in the good books of the United States government due to its nuclear weapons and missiles

development policy. The United States has imposed some sanctions against India because of its nuclear tests in May

18. However, India is highly self-sufficient in terms of basic technology and requirements, hence the threat sanctions

could not bring India to it knees. The United States seems to understand this which is perhaps why it never went ahead

with really biting sanctions against India. In fact the United States has often referred to I

ndia as a great potential strategic partner in Asia. India's rapidly improving relations with Israel has only lent further

momentum to India- US bonding. Once viewed as a source of solutions for the country's economic and social

problems, the Indian polity is increasingly seen by political observers as the problem. In addition, law and order have

become increasingly tenuous because of the growing inability of the police to curb criminal activities and communal

disturbances. India has confronted theses issues throughout much of its history. These issues, with their intrinsic

tensions, will continue to serve as sources of change in the continuing evolution of the Indian polity.

India's great stability as a contender in the future of international business has proven to be getting more

resilient as the years pass. If India's aspects of international business continue to thrive the future will prove to be

nothing but positive for India. Today, India is one of the most dawning markets of the world. The middle class exceeds

the size the population of the United States, that will provide India with a distinct cutting edge in global competition.

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