Vikrant Choudhary

Friday, April 13, 2007

Indian Economy

India : "The best destination "
-- Claimed by some US finance company
why ?
  1. 2nd Most populated country.
  2. Skilled manpower ( more than population of USA).
  3. GDP of approximately 30 trillion.
  4. Consistent GDP growth @5-7%
  5. Good Environment for FDI/FII
  6. Increased Economic activities.
  7. Export of more than US $70 billion.
  8. Forex reserve @135 billion
  9. Huge Untrapped rural consumers.
Recent Developments :
  1. Capacity expansion in most of the sectors.
  2. FDI/FII approvals.
  3. Remarkable Overseas Acquisition.
  4. Remarkable FDI inflows.
  5. Remarkable FII participation
  6. Increase purchasing power.
  7. Urbanization of second run cities

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