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The Market Capitalization of Indian ITES and other BPO based companies will blow away many of the Indian Manufacturing Companies.Though, there are many Indian Companies devouring with huge deals like the Tata-Corus, Novalis-Hindalco, Mittal-Arcelor, all fall in one category the Product Manufacturing sector. Is this happening because there is a real need in consolidation in these sector or to withstand to the drastic shift towards the service oriented industry.
Any way expecting a Financialy Robust India in Future. For now, hope the Finance Ministry will first take some stringent steps to curtail the rampant inflation.
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