Saturday, August 16, 2008

India - Summary 5: The future


(A shot of a temple)

As I described at the thread of the economy, if India can continue its strong slides in the export industries like information technology and agriculture industry, I can say that the future is bright. Their strengths are language capability and the high educational level. Unless the leaders make serious mistakes in the direction, the nation can keep its northeastern direction for a long time.

As all the other nations have, however, India has several important risks that the leaders need to take a close look at. First, the disposition of the people. Japan made a great recovery from the disastrous defeat of the World War II. According to some experts and my personal recognition, the recovery came true because the people had strong determination, and inclination to improve their lives and qualities. In other words, in case Indian people make a choice that they remain the current steady state rather than step forward to the next stage, the progress would be stuck in the not-so-distant future.

Second, the structure of the industries. As I mentioned several times, the nation currently counts on several industries. If these industries face unexpected situation leading to serious depression, the future of the nation would face dark clouds on the horizon. For instance, if the cost structure of information technology industry drastically changes worldwide and this brings a new type of competition to the industry, the industry might be forced to take another way to survive.

To sum up, although there are several vital risks that the leaders of the nation should respond to in a proper manner, the future seems enough bright as the people are convinced. And I believe that working with people from the nation is a great experience in terms of the rareness to work in the environment with the rapidly developing country.

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