Shravan views the recession, across the west, as an opportunity for India:

I am looking at the recession as a huge opportunity for India to rebuild itself in the eyes of the world:

1. Dropping commodity prices, like steel and cement, ensure that construction costs are sure to go down. This should definitely help in making infrastructure and construction more viable

2. Crude prices are falling, and this means that if the prices of petrol and diesel are cut in India, we could see a drop in inflation as well

3. There is a distinct Indian middle class which is growing to be a powerful spending force. Indian companies who have focussed on the west can now focus inwards, hence contributing to productivity and prosperity…