Indian IT firm keen to enter Pakistani market
KARACHI (May 26 2005): The 2.2 billion dollars Indian software firm Tata Consultancy Services (TCS) has taken the first step to set up a base in Pakistan. This was indicated in a study on India Pakistan Economic Relations prepared by Federation of India Chambers of Commerce and Industry (FICCI). The study says that if this project succeeds, the TCS will become the first Indian IT company to enter the local market. The study points out that Dabur India will soon have a foothold on Pakistan soil for it will be setting up a manufacturing joint venture with a Pakistani firm by the end of this year. Ayurvedic products will be the fulcrums of this joint venture.
Pakistan government has given Indian companies a nod to set up subsidiary marketing ventures in Pakistan which would make their products available to consumers at cheaper rate.
The study further notes that Reliance Industries was in advanced negotiations to acquire the petro-chemical business of ICI Pakistan close to 300 million dollars.
ICI Pakistan comprising businesses of polyester, soda ash, chemicals, life sciences and paints is one of the largest quoted companies on Karachi, Lahore and Islamabad stock exchanges
The report says that in order to facilitate these investments and other investment and joint venture proposals between India and Pakistan, the two countries should enter into a bilateral investment promotion and protection treaty which shall ensure national treatment to each other's enterprises.
India and Pakistan can establish joint venture to harness and transmit hydropower resources. Co-operation in water management and hydropower can help in increasing irrigation benefits, decreasing risks of floods, and establishing Indo-Pakistan electric grid system for intra-country transmission of electricity, the study suggests.
Copyright Business Recorder, 2005
Full Version: Indian It Firm Keen To Enter Pakistani Market
I think Indian Investments will help Pakistan.
However it is important to avoid too much Investment, so Pakistanis starts feeling colonised by India INC.
However it is important to avoid too much Investment, so Pakistanis starts feeling colonised by India INC.
QUOTE(dibba @ May 29 2005, 02:26 PM)
I think Indian Investments will help Pakistan.
However it is important to avoid too much Investment, so Pakistanis starts feeling colonised by India INC.
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However it is important to avoid too much Investment, so Pakistanis starts feeling colonised by India INC.
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If India and Pak end up being economically interdependent, then the possibility of War is close to nil.
QUOTE(Srirangan @ May 29 2005, 08:56 AM)
If India and Pak end up being economically interdependent, then the possibility of War is close to nil.
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I agree with that...however trade (such as this one)should come after major issues such as kashmir are resolved.Otherwise we will be back where we were.
QUOTE(F-104Starfighter @ May 29 2005, 09:59 PM)
I agree with that...however trade (such as this one)should come after major issues such as kashmir are resolved.Otherwise we will be back where we were.
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What does trade have to do with kashmir? Kashmir imho realisticially will never get solved .. Pak won't back, India won't back, stalemate.
QUOTE(Srirangan @ May 29 2005, 10:33 AM)
What does trade have to do with kashmir? Kashmir imho realisticially will never get solved .. Pak won't back, India won't back, stalemate.
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Trading freely with india kashmiris will think they r betryed by pakistan and for all those sacrfices for 50 yrs they have gained nothing.It will be like bhindia has handed over pakistan a toy to play with while they forget about previous issue(kashmir).Since pakistan doesnt want this to happen because they are our own people who ned to be free we will take step carefully.
QUOTE
Trading freely with india kashmiris will think they r betryed by pakistan and for all those sacrfices for 50 yrs they have gained nothing.It will be like bhindia has handed over pakistan a toy to play with while they forget about previous issue(kashmir).Since pakistan doesnt want this to happen because they are our own people who ned to be free we will take step carefully.
Look at it another way.
If there was a lot of trade and a genuine feel of trust amongst the countries, both countries had had a more realistical position on kashmir. India could have to accept that Kashmiri Muslims are alianated. Pakistan would have to accept that Kashmiris do not wan't to be a part of Pakistan.
QUOTE(dibba @ May 29 2005, 07:51 PM)
Look at it another way.
If there was a lot of trade and a genuine feel of trust amongst the countries, both countries had had a more realistical position on kashmir. India could have to accept that Kashmiri Muslims are alianated. Pakistan would have to accept that Kashmiris do not wan't to be a part of Pakistan.
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If there was a lot of trade and a genuine feel of trust amongst the countries, both countries had had a more realistical position on kashmir. India could have to accept that Kashmiri Muslims are alianated. Pakistan would have to accept that Kashmiris do not wan't to be a part of Pakistan.
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Pakistan and pres musharraf has shown enough flexibility in resolving this issue but it seems that indian officials are not serious but the baniya is looking for trade.We are the ones who invited you to resolve this issue not you.
My point is far better that yours.
we should allow the indian companies to enter after our companies have an advantage in the local market
the government should fund at least 3-4 colleges to train high quakity students and then allow grants to any pakistani start-up company to get a leg up, befor ehaving to face the competiton
against a 2.2 billion dollar company is intimitating for any small company
the government should fund at least 3-4 colleges to train high quakity students and then allow grants to any pakistani start-up company to get a leg up, befor ehaving to face the competiton
against a 2.2 billion dollar company is intimitating for any small company
QUOTE(dibba @ May 30 2005, 01:59 PM)
India is willing to be a bit flexible, but not to the point that satisfies Pakistan. Pakistani flexibility is there, but it does not satisfy India.
You got no point at all, your argument is absurd. If you are the enemy of someone, you need to get friends, before the problems can be resolved.
You can't start with conditioning that one can only be friends after Pakistan has got its will. That is the same as blackmailing India, and using friendship as a bargaining chip.
If Pakistan denies Indian Investment, Pakistan will loose more. Indian companies, that contribute to increasing the Pakistani GDP, are doing this for the share holders. Indians in general wont benefit.
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You got no point at all, your argument is absurd. If you are the enemy of someone, you need to get friends, before the problems can be resolved.
You can't start with conditioning that one can only be friends after Pakistan has got its will. That is the same as blackmailing India, and using friendship as a bargaining chip.
If Pakistan denies Indian Investment, Pakistan will loose more. Indian companies, that contribute to increasing the Pakistani GDP, are doing this for the share holders. Indians in general wont benefit.
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Whereas pakistan says it will be very flexible in solving this issue.There goes your bhindu mentality.Maybe you should hire a dancer from bollywood whose waist is more flexible than pakistan's and bhindia's stance so she can resovle this issue.Musharaff went to a point in flexibility where even the politicial parties of pak starting saying "he is giving them too much,thats exactly whan india wants and he is giving it to them"
"Trading freely with india kashmiris will think they r betryed by pakistan and for all those sacrfices for 50 yrs they have gained nothing.It will be like bhindia has handed over pakistan a toy to play with while they forget about previous issue(kashmir).Since pakistan doesnt want this to happen because they are our own people who ned to be free we will take step carefully."<---was my argument dumbass go back and compare it to yours.
And it was WE who started frienship with you
but it seems u dont want it.
did your parent forgot to use birth control before your brith, or you were one of those experiment which are still being investigate that what went wrong.
you have not gain anything ever since you were born naked, ugly and wet. yet you still are pethatic, ugly, short, dark and yet drok.
you have not gain anything ever since you were born naked, ugly and wet. yet you still are pethatic, ugly, short, dark and yet drok.
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