It’s 3rd day of April today. 2017 has been a beautiful beginning of a lot of businesses. The GDP growth is to be expected to be 7.6 % in India, where service sector remains on higher side than industry which is only 29.8%. In America, the fourth quarter is 1.9% where as in 2015 last quarter it was 0.9%. For China, please find below graph Figure (2).
Industrialisation is the Blood line of the Country’s Growth. If the country defocus the Industrialisation, the service sector pumps the economy and works like the hearth if the nation but only if it is given the required importance. Indian and Kuwaiti economy turned well being at this. India seeks future in Industrialisation but still has a good stake in the Service sector. After Modi Government,Industrial growth expected to be on a higher side compare to the Growth of the service sector in next two years as the government has started its absolute focus on Skilling India. The Industries of various countries are looking at India today as the real manpower requirement with advance skills are readily available in India. The Indians are not to be trained again on any respective positions they are recruited. The Government Institutions in the country has started acquiring the modern techniques and equipments to train their students. The faculties of the institutions go to IITs, IIMs and in many International institutions to identify what an industry is looking a on global platform.
When it comes on the Business ethics, we remain constant and adopt the old hack practices. A recent record an international businessman tried spreading is business in India with few very posh international investors, he landed with roaming different windows of the indian government offices. Creeping from one door to another, he found the other countries policies better in comparison with Indian government. Foreign Investor ended up with Disinvestment. This is the clear loss of FDI in India. There are many such disinvestments happens due to improper treatment to the investors. If this is the case, how would we think of FDI other than what Government brings. India GDP Growth Beats Expectations in Q4 but looking at the business standards, countries like New Zealand, America, Dubai and many countries are way ahead in infrastructure, policies, markets, economy, manpower, skills and specially the policies supporting new business and investments which has proper policy manual and actual comfort of the investment. Ultimately, the investor is looking at the Returns on the Risk.