India’s economy has been fast moving among global economies in recent years. The spectacular GDP growth of more than 8 percent during the last three years has prompted the policy framers to lay a benchmark of 9 percent of GDP within next two years.
Growth had been supported by market reforms, huge inflows of FDI, rising foreign exchange reserves, IT and real estate boom, and a flourishing capital market. A Healthy FDI inflow & MNC success stories reiterate the foreign investor’s confidence in the country. Investors, Economies, IMF & World Bank view India’s economic growth as sustainable and Investor friendly.
Unfortunately due to the recent recession, along with most of countries, India has also faced setbacks in various fronts but not severely affected as in the case of most deveoped and developing nations.
In the current economic scenario the role of budding managers is of much significance because they would act as driving force for helping the country to emerging out from the recession impact and the progressive march towards sustainability of economy.
I am sure the hardcore teaching and experience at IRM would enable the exit managers to face the current market situation with creativity and positivism and carve a niche for themselves in the business world.
Wishing all students Good Luck !!
Prof. Barbara Cangan
President
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