As China’s economic growth slows, people are looking for the next big driver of growth. And India seems to fit the bill. The IMF estimates that India will be the fastest- growing major economy in the world this year, which is why ...
Alok Kshirsagar:Could I just also say that the infrastructure point we talked about earlier is also relevant in the Indian context. Manufacturing for us does not need to be huge, large-scale semiconductor foundries. For us, having road contractors and road developers scale up is thousands and ...
Nilesh Shah
India is the second largest country in the world by population, the world’s largest democracy and the largest English speaking nation in the world. Recording an annual average growth rate of 7.5% from 2004 to 2013, India’s economy is now growing faster than China’s. The country’s econo...
lowest commonde nominator policies. But the public finances are tightly run.Incrementalimprovements include new infrastructure, the cleaning up of state firms and some modernisation of education and labour laws. Corruption is a problem, but the economy is more open than it was ten years ...
Shifts in customer awareness is both a driver of change, and of demand for more sustainable practices. Indian customers’ growing recognition of the need for sustainability in products is helping to support moves to more sustainable e-commerce supply chains. A recent survey by Bain & Company show...
Why does the government intervene in the economy? Should they, and what would the impact be if they did not? Discuss why the gross domestic product measures the economic wealth of a nation? Why is Indian rupee depreciating despite strong GDP growth?
What is happening is partly a logical, policy-driven reaction. Poverty really is lower than it has been in decades, especially for minority groups. The most attractive solution to it — a growing economy — is being applied. The people who have been totally left out of this boom often have...
There are several reasons why India is a poor country. Some have historical roots and others derive strength from socio-political structures. Lack of effective governance and corruption has only sustained Indian poverty.
To make things worse, the Indian authorities do not hesitate to show their ability to subject foreign companies to unfair treatment and even persecution. The third-largest economy in Asia is seeing many foreign firms giving up on the country. ...