India launched a space probe to the moon, proving that it is on its path to becoming an influential scientific power. ++ India’s progress is the result of “paring back state suffocation of its economy.” ++ By 2014 about two million high-tech jobs will be available in the US. ++ Requests by US companies to get access to the labor pool have been turned down. ++ Congress has to clear the
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Globalization has come full circle, says Deutsche Welle. 10 years ago, Germany set the tone of its economic relationship with India. German companies outsourced parts of their production to India and attempted to lure Indian IT-Specialists into the country. Now, Indian companies are opening up subsidiaries in Germany, employing Germans, and an Indian steel giant is making bids to buy its
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