|Bath India Economic Forum|
|text view||hosted by the University of Bath School of Management|
Emerging India in a Global Economy
Panels were made up of four or five experts from industry, academia,
government and journalism. These sessions enabled students and invited
audience members to exchange opinions from a range of perspectives and
engage interactively with experts in these areas.
Panel 1: Investing in India
In 2005, India attracted over £6 billion in foreign institutional investment and £5 billion in foreign direct investment. Big name Investment banks including JP Morgan and Lehman Brothers have invested vast sums in outsourcing their operations to India. In late 2005 Microsoft, Intel and Cisco Systems each announced plans to invest more than $1bn each in India over the next four years, mostly towards the expansion of R&D facilities. This panel discussed the long term benefits of such operations.
India also attracts several billion dollars a year in portfolio investment and private equity. Panellists will examine the relative risks and rewards of these various investment types.
Key question: Do the benefits of investing in India outweigh the risks?
Panel 2: India and China in Comparative Perspective
This panel explored the similarities and differences of the two most populous countries in the world, which find themselves at a comparable stage of economic development. The panel discussed the vast differences in FDI between India and China, as well as the sources of GDP growth; whereby India generates more than 50% of its GDP from Services, whilst in China it is Industry.
How important is India’s supply of graduates with fluent English compared to their Chinese counterparts? How do China and India’s cultural attitudes towards business differ and are these significant factors behind their relative economic success?
Key question: Is economic prosperity in India and