Comments on: India braved the recession better than many other countries http://www.iitk.ac.in/ime/MBA_IITK/avantgarde/?p=311 Monthly e-Newsletter,MBA IIT Kanpur Mon, 28 Sep 2015 00:24:17 +0530 http://wordpress.org/?v=2.8.4 hourly 1 By: Ben http://www.iitk.ac.in/ime/MBA_IITK/avantgarde/?p=311&cpage=1#comment-5031 Ben Mon, 15 Aug 2011 01:02:02 +0000 http://www.iitk.ac.in/ime/MBA_IITK/avantgarde/?p=311#comment-5031 I think the scary thing about India is that the price of everything will start to go up and up, then the food,goods, electronics and service prices will be more expensive. This will then cause a lot of problem because the manufacturing is very cheap at the moment. People from India will start struggling between their earnings and the cost of living, this is where the hard time will come. India will have to increase it's manuafacturing cost and years after years, the western countries who have created a lot of facturies overthere will remove them again to go into a cheaper country. I think what we are seeing now is the movement of wealth from one country to the other, it has happened in the past and will continue. I really don't think India will keep being cheap for too long, things have to change, Thank you for your article. Ben I think the scary thing about India is that the price of everything will start to go up and up, then the food,goods, electronics and service prices will be more expensive. This will then cause a lot of problem because the manufacturing is very cheap at the moment. People from India will start struggling between their earnings and the cost of living, this is where the hard time will come. India will have to increase it’s manuafacturing cost and years after years, the western countries who have created a lot of facturies overthere will remove them again to go into a cheaper country. I think what we are seeing now is the movement of wealth from one country to the other, it has happened in the past and will continue. I really don’t think India will keep being cheap for too long, things have to change,

Thank you for your article.

Ben

]]>