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What sectors of the Indian economy are most in demand around the world?
Wiki User
∙ 14y ago
Verified answer
Customer support and software development
Wiki User
∙ 14y ago
Wiki User
∙ 12y agoThe IT Sector has been the darling of the Indian Stock Markets for over a decade, up until the economic crisis a couple of year ago, of course. The good thing about this IT Sector is that, it is not sensitive to the Interest Rate Movements in India. Also, the Indian Rupee has depreciated significantly against the US Dollar and other foreign currencies. So, the revenue is bound to rise just by the sheer movement in the value of the Rupee.
Moreover, the whole world is reeling under severe economic stress. With rising costs and the ever present need to reduce costs, Large Company's worldwide are looking at lower cost outsourcing locations like India and China. So, the IT Sector is expected to continue to grow well in the year 2012.
A weird boba drink
stereotypically, customer support and software development (apex)
What factors have contributed to the supply of electricity not keeping up with the demand for electricity in south Africa over the past ten years?
Massive growth in the economy and population of South Africa. This is what caused demand to outstrip supply.
Is there a recession in South Africa what are the causes of recession in South Africa?
One of the causes of the recession in South Africa is the slowdown in the manufacturing sectors. This made a huge impact on the country's economy.
What is the economy of Lebanon like?
Lebanon's economy and markets are best described at the dawn of the new millennium by a private and liberal economic activity and an openness to abroad with perfect capital and labor mobility. The private sector contributes to around 75% of aggregate demand, a well-diversified sector that covers the totality of economic sectors and is a major pillar for growth and recovery. The Lebanese economy is also a typical open economy with a large banking sector equivalent to more than 2.5 times its economic sector and providing an important support to aggregate demand. Lebanon has a competitive and free market regime and a strong laissez-faire commercial tradition. The Lebanese economy is service-oriented; main growth sectors include banking and tourism. There are no restrictions on foreign exchange or capital movement, and bank secrecy is strictly enforced. Lebanon has recently adopted a law to combat money laundering. There are practically no restrictions on foreign investment. There are no country-specific U.S. trade sanctions against Lebanon. Lebanon is one of the only seven countries in the world to have scored profits in 2008. Given the regular security turmoil it has faced in the past, its banks have adopted a conservative approach. The strict regulations imposed by the central bank were crafted to make the Lebanese economy immune to political crisis; and so far, this has applied to the global economic crisis as well. The Lebanese banks remain, under the current circumstances, high on liquidity and reputed for their security. Moody's has recently shifted Lebanon's sovereign rankings from stable to positive acknowledging its financial security. Moreover, with a Beirut stock market increase of 51%, the index provider MSCI, ranked Lebanon as the world's best performer in 2008. Analysts are, nonetheless, skeptic about the future indirect effects of the crisis, but so far, the direct consequences have proved to be positi
What is the role of small business in the Indian economy?
role of small business in rural India are: 1. introduction to industrialisation 2. employment generation 3. removal of poverty 4. use of local resources 5.better living standard of people.
What factors determined the south's commercial agricultural economy in the 1800s?
Prior to the US Civil War, the South's commercial agricultural economy was based on such factors as: A. Plantations worked primarily on cheap slave labor made the South's economy a viable one; B. The two major crops of the South were cotton & tobacco. Both in the Northern US States and in the world's markets, these two crops were in high demand for most of the 1800's before the Civil War; and C. Cotton was essential for textile mills in the North and in Britain. Tobacco was a "recreational" product also in high demand.
Why there is less demand for Indian products?
the uncertainty of the economy of India keeps foreign investors and buyers from buying from India.
How do you use demand economy in a sentence?
My frugality requires me to demand economy. CEO's and executives are paying close attention to the on-demand economy.
What is negative inflation and how does it affect the Indian economy?
negative inflation mean there is decrease in thevalue of good but at slower rate.it is a situation where there is no demand in the economy as there is no supply of money in marketits not good for economy as the supplier donot find demand for their good in the market as a result they have to shut down their enterprises..and the economy growth start declining
The demand for purity of atmosphere comes much more from the population itself than from the specific sectors of the national economy affected by a polluted or even biologically aggressive atmosphere?
Translate this sentence into Chinese
What is the concept of economy?
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
What is supply and demand economy?
Supply is how much of the product an economy has. The demand is how much the people need the product. These two make the price. Let's say the supply is high and demand is low, the price would be low. If it was the other way around, price would be higher.
What is transaction demand?
Transaction demand is the money needed by a person or company for their needs. It can tract the demands of an economy, with high demand as indicator for good economy.
What is aggregate demand'?
the total demand for final goods and services in the economy
What are the determinants of money demand in an economy?
discuss the determinant of money demand
Why was there a demand for Indian indigo?
why there was ddemand for indian indigo
Why can the law of demand apply only in a free market economy?
demand refers to need for a resource. the law of demand states that an increase in demand will result in an increase in price, ceteris paribus. in a free market economy, sellers are free to increase prices when demand increases. in a closed economy prices are controlled by government. an increase or decrease in demand doesn't affect prices.
What is the aggregate demand?
the total demand for all final goods and services in the economy
