This space is growing in India. The average assets under management of the mutual fund industry stood at US$ 174.06 billion for the month of February 2010, an increase of nearly 36 per cent from US$ 111.55 billion in February 2009, according to the data released by Association of Mutual Funds in India (AMFI). Funds raised by the Indian corporate sector via ADRs/ GDRs has jumped over 33 times from around US$ 101.72 million in 2008 to about US$ 3.50 billion in 2009.

The government of India has also taken many steps to revive the economy by slashing interest rates, lowering factory levies and more than doubling the limit on foreign investment in corporate bonds.

Similarly, in Canada inspite of all the turbulence in the economy Canada stood out to be one of the safe and financially stable economies.

Canada’s geographic location and sound business practices makes it a favourite near shoring/outsourcing destination for investors and one of the world’s top business process outsourcing markets. More than simply local market centers, these key value creation centers support global clients