1.New Europe focusing on China when looking east for markets: in the 90s, European investment in China being 7times greater than in India.
2.New India focusing on the US when looking west for opportunities: In 2000, India sold 5 times more IT services to the US than to Europe and 7 times more Indians chose the US than Europe for higher education.
Europe is losing the battle in the hearts and minds of the New Indians while India is losing the attention and support of the New Europe. This worrying trend is equally affecting both Indians and Europeans.
It is the right time India and Europe realise it and start working in the right direction to reverse this trend.Otherwise U.S and China will capitalise at the cost of India and Europe and it will again be a missed oppurtunity.
