Growing Indian Economy :
Growing Indian Economy GDP growth rate above 7.5% for four consecutive years
Turnaround in Industrial Activity :
Services and Industry contribute to Ser growt growth Turnaround in Industrial Activity Services and Industry contribute to higher GDP growth
Increasing FDI :
Increasing FDI
Growing Capital Formation :
In respective years Growing Capital Formation
Other Key Indicators :
Exports crossed US$100bn. mark in 2005-06. Fourth consecutive year of more than 20% exports growth
Imports of Capital goods increasing
Moderate inflation rate - within 4-5%
Stable Rupee against US dollar
Growing corporate sector profits
Growing Forex reserves - US$ 160 bn
Business Confidence at all time high Other Key Indicators
Fuelling Economic GrowthMusic for years :
Huge Demand potential – Over 1 bn. Population
Booming middle class. 100mn. population earning more than US$ 3000 per annum
Increasing consumerism
Urbanization on fast track
Housing demand boom
Strong Banking & Judicial System
Large English speaking population –150 mn, powering Services sector
Skilled labor and managerial work force
Growing IT sector
Large pool of skilled Technical work force Fuelling Economic GrowthMusic for years