Reverse Colonisation.

Looney in his comments on my post Salisbury Park, asked: “Has the policy changed? (I see a lot of resources flowing from India into my neighborhood!)”

Reverse colonisation has indeed taken place but not the way Looney has suggested.

Let me assure him that Indian resources have not gone off to the USA. The Resources that can survive tough competition and prosper to the same standard of living as that the USA has to offer, have stayed in India.

We are a nation of 1.4 billion people. If about 3 million of them decide to go to the USA, and every year more are going, that is not a drain of resources but an export of talent that brings in regular revenue in the form of remittances. In other words, American resources are being sent to India. I for one can understand the xenophobia there.

The point is however not that the reversal has taken place with focus on the USA. The impact on the UK, the original coloniser. can be seen here. Yes, the East India Company which started the process of colonising India has now changed hands and is now owned by an Indian.

That is not all. Indians own and operate many businesses in the UK now. Just take a look at this BBC report.

And take a deep breath in to see what Capitalism does now.

Between 2000 and 2015, the UK invested $22.2bn (ยฃ14.5bn) in India, accounting for around 9% of foreign direct investment in the country, according to a report by UK business group the CBI.
This makes the UK the largest foreign investor in India after Singapore and Mauritius.
The CBI study added that in total UK companies are estimated to employ 691,000 people in India. That is 5.5% of the organised private sector workforce.
Mr Heald says: “We estimate that there’s been a 300% increase in the number of British companies setting up there in the past 10 yearsโ€ฆ there’s been a huge acceleration.
“And the type of company is changing too – it’s more e-commerce, services, IT and education.”

Looney has to think about the USA’s colonial past too. If he does, he will enjoy the process of reverse colonisation as depicted by the following photoshopped photographs.

 

This entry was posted in Blogging, Economics, Humor, India and tagged , , . Bookmark the permalink.

13 Responses to Reverse Colonisation.

  1. shackman says:

    -nd to think – I thought maybe a couple of Indian restaurants had opened in Looney’s neighborhood ๐Ÿ™‚

    A large percentage of the IT team at my old company was Indian.
    shackman recently posted..Behavioral Science

  2. Koushik S. says:

    Time will come when US England won’t know if they want Indians or they don’t want Indians ..as Indians can have better life in India many may sell homes and return ..this schizophrenia is already evident in other aspects such as environment vs economic growth. US and Europe don’t know if they want India to follow Hindu style policies and remain a very green country and have Avery small carbon footprint or follow westernization and consume lot of energy.

  3. What you say about the business acumen of Indians, is so true. Here, in Canada, those who have emigrated here are rapidly gaining a reputation for being sharp business people. And their technological expertise is gaining attention. They contribute a lot to our economy, and Canada considers them a positive addition to our culture as well!

    • Apart from you. I have a few other blogger friends and real life friends and relatives in Canada and am fairly informed about these matters. Yes, Canada has been good to Indians and I am not at all surprised that they have prospered there.

  4. Tikno says:

    I can not imagine what if the Queen sees this post.
    Thank goodness you are outside the circle of British law.

  5. Joared says:

    Immediately coming to mind ….. My GP of many years — since he established his office here and younger than me — is from India. Worked with him professionally, also other Indian medical doctors. He promises, though he visits India regularly, he will be my Dr. the rest of my years. Best friend’s son years ago wed lovely Indian-American (as parents and sibling here) they have two beautiful college age daughters now. Neighbor of many years from India — sons brilliant academics including one at Stanford Univ. I’m sure there are numerous others I’ve encountered, also many other nationalities.
    Joared recently posted..TOOTHY — THE GRIND — DESPICABLE EVENTS — MOON DANCE

  6. nick says:

    No doubt the British government is planning to throw out all those 110,000 people on the grounds that they’re feckless migrants leeching off the UK.
    nick recently posted..Risky procedures

Comments are closed.