You must Sign In to post a response.
  • Category: Miscellaneous

    How are Indians having business opportunities in the highest inflation countries?

    As I am seeing in some vlogs on youtube and really surprise Indians are very hugely populated in the most inflation(a general increase in prices and fall in the purchasing value of money.) East African countries like Tanzania, Kenya, Zimbabwe, Mali, and Asian countries like Indonesia whose inflation is high and the currency value has been drastically decreasing compare to the USD but how Indians or Indian population are surviving and they are in the business activity like having supermarkets e.t.c.How do Indians survive and exist in the highest inflation countries? What is your take on this?
  • #718333
    In those countries, there are no industries and people depend more on imports. Locals there are not into businesses also. They earn money by doing jobs. Indians who are having some money and want to invest, there are many chances there. People from India migrate there and start their own business and flourish. They mean good money in their business. So they will not have any issue even though inflation is high. The local people there trust Indians more than the people of China. They prefer dealings with Indians. That will give them an advantage and settle well there.
    Indians can adjust anywhere based on the circumstances there. They never bother to put in hard work of they see good returns in that bargain. These qualities made them go and work there. Many University teaching staff will go and work in the universities of those countries after their retirement in India. They even will go during in-service on long leave.

    drrao
    always confident

  • #718336
    No, Dr.Srinivas Rao In Tanzania the imported goods are from Kenya and China. Similarly in Mali also Chinese Goods are imported more and in Swaziland (Eswatini)also Taiwanese goods are imported more in that Country.
    Probability a theory based on Assumptions and Negativity(Elimination). It is used in the evolution of atomic theory.--- Bhushan

  • #718362
    Due to our high population many of Indians have gone to other countries for jobs and other business opportunities. It does not matter for them whether the inflation is more or less there. Indian people have a very good adaptability and can survive in any situation. Another thing is that Indians have a good reputation in many countries and their hard working attitude is well appreciated by many Govt there. Silicon valley in US is a living example of India entrepreneurship. Other thing which gives Indians an edge over others is that they are not the fighting type people and believe in peaceful coexistence.
    Knowledge is power.

  • #718375
    This is the greatest quality of Indians that they adjust to any adverse conditions of life and they cope up with the minimum requirements during the crisis and try to enjoy when the situation is normal. But again what is the next best solutions for them except to live there and cope up. By the way the situation across the world is not that favoring and we are seeing up and down in every walk of life. Indians are the great hope seekers that they wait for the right time to strike and enjoy the life as they keep enough money for the future challenges and probably that great trait paving way to sustain the challanges.
    K Mohan @ Moga
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease

  • #718376
    I am asking the country which can't able to feed their own people it becomes an extra burden when adding these people(Indian population) in those countries what these people are doing there? What type of business doing there?
    Probability a theory based on Assumptions and Negativity(Elimination). It is used in the evolution of atomic theory.--- Bhushan

  • #718377
    Unfortunately those Indians are permanent residents having business interest and cannot return to India for obvious reasons and thus sulk in the inflation life.
    K Mohan @ Moga
    'Idhuvum Kadandhu Pogum "
    Even this challenging situation would ease


  • Sign In to post your comments