India, the emerging economy: trends and future
Together with China, India with its estimated 1.23 billion population is one of the fastest growing major economies in Asia, which is currently undergoing both rapid growth and industrialisation. While most of the traditionally strong economies in the world suffered greatly under the global economic crisis, India overcame it quite easily. Today, a strong consuming class in India with disposable income has triggered the world’s attention and many international companies are looking for opportunities to establish business in India.
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