INDIA’S STRENGTHS IN TERMS OF HIGH-TECH
Strong Economic Growth
India has an amazing rate of growth which has reached to 9% in 2007. The average rate of growth is 7% since 1994. This is an important evidence of the stable development of Indian economy. Also unlike to other developing countries India managed to have a very low rate of inflation which has remained close to 4% since 2000 and has not fluctuated much then. India seems to be one of the safest economic environments for investment when compared to other Asian countries. Moreover India’s imports almost tripled between 2001 and 2005 from $50.1 billion to $138.4 billion, while exports more than doubled, from $43.3 billion to $99.7 billion. Another import point that should be noted is that the growing middle class in India. With the continuous flow of foreign investment and rise of employment opportunities, the middle class has expanded and per capita income has been more than doubled since the mid-1980s. Augmenting......

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Title: India's Strengths In Terms Of High-Tech
Approximate Word Count: 1243
Approximate Pages: 5 (250 words per double-spaced page)

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