About Author :
Currently working as a home-based medical transcriptionist for Spryance India pvt. Ltd. from Trivandrum, Kerala
Article:
India is one of the quickest flourishing high-technology markets. India, integrating with world economy, is competitive in IT, pharmaceutical, auto component, and steel sectors and this led to a rise in the educated working class.
In external trade, substantial liberalization has been taking place and this has imparted effective competitiveness in the domestic sector up to world standards in many sectors. In the banking sector, there has been an increase in the number of foreign bank branches in India in recent years and this necessitated an improvement in the scale of operations in Indian banks. In the agricultural sector, it has been recognized that there is a need to ameliorate productivity and output to meet the objectives of employment and growth. Tourism is another sector, which has the potential to generate tremendous employment opportunities along with airports and seaports, but things has to be implemented at a greater pace in order to witness a good outcome.
Each and every one of these industries would not exist without power and transportation (land, air or water) and so this along with the hospitality industry would generate enormous job opportunities. It has been recognized that generation of one job in the software sector generates three additional jobs in other sectors, i.e., food, hotel, travel, etc. However, the quality of urban infrastructure in India is not conducive to global economic activity. The world is indeed keeping an eye on the flourishing economic strength of India.
Author email: vijayarama(at)gmail.com
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