Saturday, October 25, 2008
Reports
A report by investment banker Goldman sachs says that India will have a rapid economic growth in the coming years and it is going to be much stronger than any other countries in its development. India needs to invest around 500billion US dollars in development of infrastructure over the next 5 years. At the heart of India's growth story is its population, the generators of wealth, both as producers and consumers. The country has more english speaking people than in the whole of Europe when taken together. Its 300 million middle class are the real consumers and they have attracted the attention of the world and as the economy grows, the middle class people will also grow simultaneously.
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