Having seen carnage of last few months in many high beta sectors like realty, telecom, infra etc etc have you thought ....
That.....
Indians have become addicted to telecom services and slowly becoming data-addict, even a rickshaw puller or day worker use mobile phone as important part of its life.What ever is going is telecom is a kind of consolidation process and once it is done ......It could behave like commodities in future. Telecom offers a huge employment to all classes of society as well as earn huge revenue for Govt and contribute big role in GDP growth . Can India afford a doomed telecom sector for long ? .
Can India ever run without real estates companies ?...NO...coz this sector gives most employment after agri. India is extremely short of affordable houses and demand is ever growing rapidly.
They say that India would need 50 lakh crore ( 1 trillion USD) for its infra development in coming decade(s). Reliance had earlier expressed its intentions to setup a mega cement plant in Gujrat although cement sector is already facing over capacity problems , it indicates........?!...give some thought to it.
.......and don't be a headless chicken !
Unemployment leads to revolt or wars !
.......Again believe in India and its potential !
13.2.2011