Koovie
ELITE MEMBER
- Joined
- May 20, 2012
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So you are coming to conclusion that Europe which is in recession whose foreign dignitaries want India to help their economies, USA which is suffering with fiscal deficit will invest in India
Looking at the current world scenario no country is in a position to invest except BRICS.
Middle east is a different scenario which has its own disadvantages so we should grow ourselves and we have just enough cash for it
FDI is carried out NOT BY governments but by companies! If people in the west buy less they will naturally look for new markets (e.g. BRICS). And in order to get them they will invest in production facilities here, buy subsidiaries or invest in other ways = FDI!!!!
If BRICS had been the only ones whose companies could invest, the world like we know it would not exist !