But the impact of the US slowdown might see a drop in this market. On the other hand, India can benefit from the slowdown. We have the best of intellectual property available here. The raw material export will be immune to such economy slowdowns. Knowledge is India's oil, and unlike the oil available in the Gulf, this doesn't deplete.
Any company is dead without a strategy for India.
It has become the major development hub of the world. People have done a great job here. But the cost advantage, which the country is enjoying at moment, may not last long. The rest of the world will start competing. Now is the time for the country to drive standards and shape the industry.