Large economies of Europe that are struggling to save the euro-zone and others like Japan which are struggling with political and economic crises, will have to join hands with fast developing countries such as India and China to overcome their troubles, say experts here.
Largest economies in Europe are busy trying to save the euro-zone, while Japan is making all efforts to wriggle out of its political and economic crises, said organisers of the second edition of three-day Annual Investment Meeting (AIM) which starts here tomorrow.
However, none of these large economies can meet the challenges without having direct involvement in the emerging markets such as Brazil, China and India, they said.
The Indian Government is renewing efforts to forge a consensus on opening doors to global retailers in multi-brand retail, which is estimated to be about a $550 billion market.