India : Fastest Growing Eonomy
India is the 4th largest economy in the world in terms of Purchasing Power Parity (PPP). A series of ambitious economic reforms aimed at deregulating the economy and stimulating foreign investment has propelled India to high growth trajectory. Today India is one of the fastest growing economies.
India’s skilled managerial and technical manpower and its huge middle class provide India with a distinct cutting edge in global competition. India’s time tested institutions such as a free and vibrant press, a well established judiciary, a sophisticated legal and accounting system and a user friendly intellectual infrastructure offer foreign investors a transparent environment that guarantees the security of their long term investments.
India’s vibrant and highly competitive private sector has long been the backbone of its economic activity and offers considerable scope for foreign direct investment, joint ventures and collaborations.