Thursday, April 24, 2008

Asia - Investment Safe Area

Asian Countries are going to change the world by their work and also by their thoughts. People from America and Europe call them 3rd world countries, but now I think situation is changing, just because of the IT boom. just because of a simple fact that they want to prove to be an ideal outsourcing destination for organizations all over the world. this is happened just because of that fact that now Asian people understand the thing that if they want to survive in this world, then they have to work in IT Industry and in Real Estate. because of these facts, the foreigners also invest their money in many fields. There are many areas left for investment and now the leading developing countries including China, japan, India and Pakistan looking for more investment, that helps their Economy going.

This thing also proved by many of the reputable surveys countries that India, China and Pakistan are the number one destination as of now for outsourcing part or whole of the project work. It is largely because of the cost saving factor amongst others. Surveys indicate that India is most likely to stay at the number one position for at least the next few years. India's main competitor China, holds the number two spot. The strict policies of the Chinese government and their inclination to favor local companies, is the main concern for global organizations which is often the reason for them to not go for China as their outsourcing destination. India is the No.1 investment safe area because Recent strengthening of the INR (Indian National Rupee) compared to the USD is the main concern for organizations.

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