Hi everyone it’s been really a long time me written something, so here it is. Hope u guys will have some nice time reading it.
These days it is almost every day’s news, the progress India is making on economic front. So, I couldn’t resist myself to write on this topic. So here is that creation of mine wherein the Indian act or move on economic front is compared with colonialism (strange rite, it wont be very much). I guess all of you know about colonialism as India itself was colony of the mighty Britain, which exploited India in every possible way hmmm ok ok no more history, we had enough in our school days. So now lets go back to my perception about India spreading its colonies (new definition).
First lemme explain how is it working out for India or rather how India is spreading its colonies. One is top down approach, in this aspect I would see many Indian companies like Reliance, Tata, Birla to name a few acquiring companies in different countries and thus setting Indian colonies in these countries. Earlier Indian companies were least recognized but now some of our companies are really respected a lot worldwide.
The other is bottom up approach, in this aspect it is made up by the Indian work force. It is this skilled Indian workforce that is helping many of the countries to sustain growth of those countries. In many European countries, and in countries like US, Australia, Japan there isn’t enough work force to keep their country’s growing economically. Active work force in these countries is very less with majority being old aged people and this is even more worsened by the low birth rate in these countries. Forget about accelerating the economic development these countries need workforce to sustain the current growth. This is how the skilled work force is filling this gap and helping out these countries.
So one thing is still fuzzy rite, hmmm everything is well and fine but how is the definition of the colonialism getting changed. Lets look into that now. Colonialism precisely means to exploit the colonies by the country that has its colonies and using them for its own growth. But as said about India, colonization is not only helping itself, its own growth but also helping the colonies to grow to newer level.
In top down approach, Indian companies are taking rein of the ailing companies to help them out to grow overcoming the difficulties. This helps those countries not only monetarily but also in terms of employment. In return for Indian companies it is the best way to grow inorganically and getting foothold globally.
For eg :
If you look at Tata Tea’s acquisition of Tetley for 271 million pounds. It was the perfect blend. Tata Tea was a leader in India in the packaged tea segment with a presence in developing countries through exports. Tetley was the second largest tea brand in the world, with a presence in developed geographies. The integrated vista offered access to new markets and products to both, not to mention the synergy in tea buying and blending operations. Tata Tea could now offer tea to its consumers in any part of the world and in any form they wanted.
And in the bottom up approach as said earlier the countries with Indian skilled workforce will be able to sustain and even improve the development rate of those countries.
For eg in Japan:
Japan's population is shrinking and graying, at a rate probably unprecedented in history, and there is no sign the trend will stop soon. Not only is Japan's birth rate already among the lowest in the industrialized world, but also its pace of decline is the fastest, raising grave concerns about a possible erosion of the economy's international competitiveness as the population thins out.
Japan is at a historic juncture demographically, with the rapid aging of the population and precipitously declining birth rates. Japan's population began to decline for the first time since World War II last year, two years earlier than expected. The working-age population had already begun to shrink several years earlier. Japan's total fertility rate - the number of babies born to every woman during their reproductive years - stood at 1.29 in 2003 and 2004. If the current low birth levels continue, in the absence of changing immigration patterns, Japan's population, now 127.7 million, is forecast to shrink to half of its present size in 70 years, and to a third in 100 years. The percentage of people aged 65 or over has reached 20% of the total population, while that of children aged 14 or under has declined to 14% - a phenomenon eerily apparent on the streets of Japanese cities, where the laughter of children has become increasingly rare.
And on the other hand it will give Indians opportunity to earn and get good exposure, both these can be used years later if they come back to India. Using their money and exposure they can become part of the growing colonist called INDIA.
Wednesday, June 6, 2007
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