Re: India hits it big in world press
Today CNN has similar report.
http://money.cnn.com/2006/06/19/news/international/global_challengers/index.htm
China, India, Mexico and Brazil are home to fast-growing companies in everything from cement to tech services. Some even trade here.
The report said India, China, Mexico and Brazil, four of the fastest growing “developing” economies, are armed with ambitious executives, low costs, low wages and a growing talent pool. Meanwhile, the United States is in danger of losing its competitive edge in engineering and product development, especially as it imports more of what it consumes, he added.