Friday, February 22, 2008

How will a Democratic win affect India?

Interesting article in the American Chronicle on how a Democratic win
will affect India. An excerpt --
"On the short term yes a democratic washington will have a fallout in
India. Cause of the expectations that the administration will have as
a consequence of the Nuclear deal. India will be expected to play a
second fiddle in America´s foreign policy. Also Obama is still talking
about retaining union jobs and protecting the average american worker
and not the corporations. That translates to less outsourcing business
for India from a short term view. But on the longer run currency
stability will see more stable global indian companies emerge having
already seen the emergence of companies like Tata and Reliance."

Read the full article at --

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