Contagious Effect

After liberalization of our economy in 1991 there are some contagious effect which India has to suffer due to economic mishaps in any part of the world. Before opening our gates we were in secure zone. Though after opening our economy there are mammoth of benefits. But what I am trying to say is because of others mistakes we have to suffer.

Due to euro-ozone crisis export industry is being suffered. we are loosing the revenues from exports, which would indirectly aftect the employment in India too. The government of India would also be loser in terms of Tax Revenues.

The following would give better idea of our major Indian companies having investments in Euro-zone: