bstractThe the opportunity of employment alongside the billions

bstractThe Indian economy has been faced with stiff competition and increased foreign investments across multiple industry that has caused strains and threatened the operations of many local organizations. The conditions in India have contributed largely to the new trends of globalization with local organizations in the pharmaceutical, information technology, and energy sectors among other industries seeking opportunities in the Latin America region. The companies are attracted to the environment and absence of intense competition in their industries in the host countries. Therefore, the numbers of Indian firms moving to some of the Latin American countries, such as, Venezuela, Cuba, Colombia, Bolivia Argentina, and Mexico among others continue to increase as the domestic market becomes crowded. The move to Latin America has been welcome because of the new opportunities that the host countries enjoy resulting from the increase in investment to their markets. For example, Tata Consultancy Services that operates in the information technology sector has contributed to the employment of 5,000 locals from different countries across Latin America. Therefore, the opportunity of employment alongside the billions of dollars pumped to some of the industries that lack tangible domestic participation has been welcomed as the Indian government solidifies ties with its counterparts in Latin America. The cooperation of the Indian government with its peers in Latin America has paved the way for an increase in investment and continued partnership targeted at enhancing mutual benefits through the commitment to the balance of trade. Indian companies have learned lessons from the exploits of the Chinese that undermined trade partnerships with Mexico, because of the flooding of local markets and direct competition for trade opportunities with the U.S. Indian companies operate in industries that do not undermine activities of local firms in the host countries. Indian Companies Investing in Latin AmericaBackground Statement/IntroductionIndian companies serving in multiple industries continue to advance the model of globalization as they venture beyond their national boundaries to secure their interests in the Latin market. The current investments by Indian firms in Latin America are estimated at $7 billion with the small proportion serving to unravel the importance of the region to the Indian businesses (Dickerson, 2007). Therefore, it is increasingly important to outline some of the elements that contribute to the attractive nature of the Latin American environment that continue to attract investments from Indian organizations (Dickerson, 2007). Firstly, the intensity of competition in the local Indian market because of the entry of foreign investment has pushed some companies to seek for opportunities abroad to minimize the effects of saturation. Secondly, the decline of trade barriers across national boundaries because of globalization can be used to explain the shift of businesses from India to Latin America. Thirdly, conditions in Latin America have improved from the previous calamities that were associated with currency devaluation and hyperinflation making the region attractive to Indian organizations seeking new opportunities. Indian companies have extended their tentacles in the information technology, manufacturing, and supplies of energy and minerals sectors in countries such as Venezuela, Cuba, Colombia, Bolivia Argentina, and Mexico among others (Dickerson, 2007). The chosen locations have conditions with close similarities to those found in India making it easy to integrate, particularly, the cost and availability of labor. Further, Indian companies prefer the proximity of Latin American countries that enable the establishment of outsourcing facilities close to the customers served in the Western world. The cooperation between the Indian government and Latin American countries, especially Mexico, has contributed to the ease of companies operating with limited restrictions in the lucrative market. India uses a different business proposition model compared to China because of its emphasis on reciprocity and the enhancement of conditions that promote balanced trade (Seshasayee, 2018). The investments associated with Indian company far outweigh some of the challenges associated with globalization, including unemployment and flooding of the domestic market with cheap products. The entry and expansion of business activities in the Latin countries target to establish bases for manufacturing away from the saturated and condensed markets in India. Therefore, Latin American countries provide suitable conditions that continue to attract Indian investments in diverse economic sectors, including the forays by pharmaceutical companies like Aurobindo Pharma, Ltd. and Ranbaxy Laboratories, Ltd. among others (Dickerson, 2007). Additional elements that contribute to the rapid expansion in Latin America can be linked to India’s increasing population whose needs cannot be satisfied by the production in the country. The forays of Indian companies in Latin America underline the projections of demand as the guiding factors while establishing manufacturing units abroad to leverage on the environment established in the areas of interest. Latin American countries (LAC) have deepened their ties with India and avoided the challenges experienced with other trading partners in the West and China (Seshasayee, 2018). The trade 

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