Domestic player as a financial service provider India
Domestic player as a financial service provider India
The various reforms in the India economy added one of the most important components, Liberalization. This factor has lead to a rapid growth and development of this Asian nation and it is soon expected to become the next economic super power along with China. Many international conglomerates have realized the potential of investing in India's various sectors such as infrastructure, stocks, retail, logistics, health care and others. And there is many a Financial Service that helps in maximization of returns for the foreign investors.
Many providers as well users of capital and assets have undergone a drastic role transformation in the recent years with the emergence of India as a strong financial contender. They have realized the potential of the Indian economy and are raring to invest. With the help of a reliable Financial Service profitability is ensured.
The Financial Service too have shed their traditional skin and assumed a more approachable role in the market. Their activities and roles today are more customer-centric. This is what makes them more approachable for those who don't know where to start in the Indian investment space. They have realized that innovation is the only means of survival and innovate they will. And this innovation has not only helped the international markets but also the domestic markets as many financial regulators and institutions have emerged and led to the transformation of the domestic financial markets from what used to be a conservative and orthodox industry into a highly dynamic space today.
A steady five to six percent growth rates in the years 2003-2004 has now grown to a twenty to twenty-five percent in 2010-2011; Recession not with-standing. This growth rate came about thanks to the double digit growth registered by almost all sectors of the Indian Economy. Be it Information Technology, Automobiles, Retail, Health Care or Telecommunications. All have had key roles to play in bringing about the development of the Indian economy as a whole.