The Indian economy is one of the fastest growing in the world, fueled by consumption expenditure forming 78% of GDP. Services contribute over 60% to GDP, and India is emerging as a manufacturing hub of excellence, with new growth engines in IT, ITes, pharmaceuticals, bio-technology, nano technology, and agribusinesses. Economic reforms are well underway and entering a second phase, with forces of competition driving innovation in enterprises.
1 of 96
More Related Content
Arablionz.Com By Hacker Smart Computing 012009
1. Indian Economy – A Snapshot One of the fastest growing in the world Consumption growth fuelling economic growth – consumption expenditure forming 78% of GDP Services sector contributing over 60% to GDP Emerging as a hub of manufacturing excellence. new growth engines of Indian economy include IT, ITes, pharmaceuticals, bio-technology, nano technology, agri. businesses Where forces of competition are at work Innovation driving enterprises Economic reforms well on course – entering second phase        Â