India- Globalisation

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Since 1997 how much has the economy grown each year in India?
7%
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India has the world's third largest brain bank, how many technical professionals are living there?
2.5 million people
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Why does India have the second largest english speaking resource?
It was once a colony of Britain, and so has strong links with the english language.
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How does India's FDI vary to that of other NIC's investment?
It is focussed on the service sector rather than the manufacturing sector
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What is the main way of industry growth?
TNCs relocating to India and local firms supplying TNCs
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What was the average salaries in 2003 for a call centre employee?
UK;12,500 India;1200
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How many Indian cities do KPMG's IT departments work in?
10- Including Delhi and Mumbai
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Why are TNCs outsourcing to Indian IT companies?
Significantly cheaper
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When was Infosys set up?
1981 in Banaglore
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How big is Infosys now?
2nd largest software firm in India- 190,000+ employees in 2016
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What is a negative of the service sector growth?
Furthered the poverty gap, middle class have gained wealth. But the poor have remained poor.
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Card 2

Front

India has the world's third largest brain bank, how many technical professionals are living there?

Back

2.5 million people

Card 3

Front

Why does India have the second largest english speaking resource?

Back

Preview of the front of card 3

Card 4

Front

How does India's FDI vary to that of other NIC's investment?

Back

Preview of the front of card 4

Card 5

Front

What is the main way of industry growth?

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