India is a major economic force in the global economy. Its growth rate has been nothing short of stupendous. In 2010, its annual growth was 8.75% and is expected to increase to 9–10% for each of the next 10 years. It has been estimated that India’s current gross domestic product (GDP) is already $3.8 trillion (on a public and private partnership (PPP) basis), placing it on par with Japan. By 2013, it may become the third largest economy after the United States and China.
India offers tremendous opportunities for investment and business. It is a thriving democracy. It has a capitalist economy that has a high savings rate, which accounts for 37% of the gross domestic product (GDP). India has a large talent pool that is English speaking. ...
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