outward investment - tata

• tata is indias second largest company and has grown to become an important investor in foreign markets, most notably in the UK
• tata has diversified into wide ranging markets such as satellite tv, steel, tea and insurance
• these are innovations designed for the growing middle classes of india who still have relatively low incomes but who aspire to higher standards of living
• india is playing a larger role in regional and global politics as it develops
• india launches its satellites and in 2008 it sent its first spacecraft to the moon
• india boasts a massive cinema industry, the products of which are among the most widely watched films in the world
• the indian government has improved relations with its immediate neighbours and global trading partners
• economic progress is hampered by corruption, widely regarded as engulfing every level of politics and society
• indias imports and exports trebled between 2006 and 2012 and this has helped the country become wealthier
• india imports raw materials and products from many countries, the highest value imports come from China, saudia arabia and the USA
• indias biggest exports are petroleum products, jewellery, transport equipment and clothing, these are high value products, and it is good for india to import cheaper raw materials and export more expensive finished products