World economy and human resource: Enterprises in India

Ishwar Lal Sharma

World economy and human resource: Enterprises in India

Authors
Ishwar Lal Sharma

Abstract
In recent years, India has emerged as an important player in the world economy, more commensurate with its demographic size. In the past, the organizations were categorized by their number of employees and the amount of data or storage they managed. Currently, however, as the organizations grow—and the amount of data they oversee increases exponentially—the ways in which we categorize companies has changed as well.

Medium-sized enterprises and the large family businesses are the trump cards for the German economy. A good 20% of all those employed in SMEs work in the small and medium-sized industrial enterprises. This puts Germany ahead of many EU countries (FR 17% and GB 15%). Industry is even more heavily represented among the large sized businesses. In recent years, the medium-sized enterprises have become more involved in the export business. While the foreign activities of the large sized businesses tend to focus on the dynamic emerging markets, the export map for SMEs does not yet really project the new growth areas in the global economy.

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