India to Lead Asia’s Salary Increase
A recent survey by global human resource consulting and outsourcing company Aon Hewitt shows that India’s 11.7 percent salary rise in 2010 has outpaced all the other Asia Pacific countries and this high increase rate is going to continue over the next few years.
The Impact of FDI on India’s Manufacturing Sector
Foreign direct investment (FDI) has risen considerably in post-reform India. The work and category of FDI has changed significantly since India has opened up to world markets. This has fueled high prospect that FDI may serve up as a channel to advanced economic growth. However, it turns out that the development effects of FDI differ extensively across sectors.
Tata Motors to Export the Nano to Asian Neighbors
Tata Motors plans to export the world’s cheapest car—at a wallet-thanking US$3,000—to countries such as Thailand, Sri Lanka and Bangladesh this year as the small vehicle’s popularity begins to rebound in the domestic Indian market.