Why Is India an Investment Hub?


Bangalore: The story of Indian development is enviable. Despite epidemic problems, India has come forward as a strong contender and resilient to the global crisis till now. India continues to be the fastest growing economy in the world, despite the economic downturn being a matter of concern, Home Minister P Chidambaram said.

Globalization provides additional job prospects, additional capital to augment rising domestic savings and additional know-how. With this happy combination, the report expects India to become the world's fastest-growing economy. Read on to know the key aspects that makes India an investment hotspot.

Economic Growth

Indian economy is amongst the best ever growing economies in the world and the 2nd largest emerging economy of Asia. India's swift speed of economic growth is both steady and sustainable. India's intermediate development scenario is due to its constructive demographics, supple economic arrangement, steady democratic institutions, and ongoing infrastructure investment.

Even during the phase of a stern and constant global slowdown, GDP growth in 2012-13 is predictable to be 5.5-6.0 per cent. With an average growth rate of 8.4 percent during 2006 to 2011, the gross domestic product surpassed $1.5 trillion mark. The foreign exchange reserves of the country have been on the brink of $300 billion and way to long term prospects are better.

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