There was a time when all developed countries used India a dump market. Only those products will come to India which couldn't clear quality tests at other places. India was newly born at that time. We were still busy in producing food and infrastructure for us. We were busy in laying the foundation for this newly born country.
And now, India has emerged as one of the fastest growing economies and markets. All big brands from West come to India and sell their high quality products. Indian organizations, like TATA, are acquiring globally, and other global companies want to partner with Indian firms. Bollywood is tying knot with Hollywood big names. Major Indian Drug firms are in-licensing popular products from overseas drug makers.
But wait, India has not arrived yet. Its just the first step of this still so young baby. We might need more time to come, but our day is not too far. Proud to be an Indian.