Date(s) - 03/09/2004
The Fifth Friday Buzz, held on September 3, 2004
The Friday Buzz revived after a long hiatus. We had Mr. David Sloan to speak on the “The Changing Scenario in USA – Does India gain?”
He spoke on the changing political scene in the USA and the impact of the 9/11 phenomenon.
He explained how the US has become inward looking. He explored the possibility that US investments in India will dry up or at least slow down.
There would certainly be an impact after the change of government in India – the rapport established between Jaswant – Strobe- Brijesh Mishra, would have to be re-established by the new team.
According to Mr.Sloan, the emerging areas where Indian PR consultancies could play a critical role were in Defence sales.
He cautioned that the West was watching carefully at the pace of Indian economic reforms, which were open to question.
The other area that needed attention was the settlement of commercial disputes.
These take too much time and are a deterrent to foreign investment.