The global giants in banking all over the world are manned by Indians, educated and trained in India. The best of technology for the most sophisticated banks in the world is provided by Indian companies and by Indians in foreign companies.
Research strongly suggests that the answer is no: Larger firms are, on average, more productive and are better placed to compete in export markets. 7 Unfortunately, the growth of small, innovative enterprises is hindered in some European countries by a plethora of red tape that kicks in when firms reach a certain size.