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Sify Home >> Finance >> Others >> Commonwealth Games 'a metaphor' for investing in India

Commonwealth Games 'a metaphor' for investing in India

ï­­onwealth Games
All izz well in the end

The Commonwealth Games has ended with an opportunity lost to show off New Delhi to the world after a collapsing bridge, rogue snakes, health scares and heavy-handed security took the sheen off "Incredible India".

But India's economic juggernaut has emerged unscathed despite dire predictions a chaotic Games could repel investors, a signal returns are too enticing for foreign firms hardened to realities of doing business in a booming trillion-dollar economy.

For many Indians who only two weeks ago labelled the event the "Shame Games", it was an unprecedented success, with the country's best-ever gold medal tally.

"The Games has turned out to be better than worst feared," said V Ravichandar, head of Feedback consulting in Bangalore, which advises multinationals. "The Games were really a metaphor for investment in India. It's not a smooth ride but things work out in the end."

Text and Images: Reuters




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