2006-10-27 02:25:59 · 5 answers · asked by kamal n 1 in Business & Finance ➔ Small Business
If we consider BRIC analysis then india will be one of the super power in 2050. But the present GDP growth which India is showing now if it remains like this ( which is bound to slower down) it can reach the predicted place in 2030.
As a optimistic person I would love to say india will be the hub of world's outsource.
Our population will be our strength to give the service where other country's will fail.
So in and all I see my country in much more better position. Poverty and unemployement will come down. There will be more self driving people to start new ventures..
for more data and fact refer PWC site
2006-10-28 01:45:06 · answer #1 · answered by Subhrangshu m 3 · 0⤊ 0⤋
It will be similar to where it is today. India is quite an enigma. It has the potential to be an enormously powerful country financially, but it seems plagued by corruption and bureacracy in its governmental and financial institutions. If it wants to have its day in the sun, it needs to undergo massive reform, and it better do it quickly. Otherwise, it will end up behind China, who I think will be the major power in 50 years.
2006-10-27 02:30:35 · answer #2 · answered by Dentata 5 · 0⤊ 0⤋
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'India still has a long way to go in development' Open this result in new window
... such as elimination of poverty by 2015, Finance Minister P Chidambaram said ... of 'momentum' towards tackling the central structural issue of voting power. ...
http://news.indiainfo.com/2005/04/18/1804chidambaram.html -
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India's economic growth set to exceed that of China by 2015' Open this result in new window
"Growth in India could actually exceed that in China by 2015. ... strategist at Standard Life, said: "The balance of economic power in the ...
http://ibef.org/artdisplay.aspx?cat_id=60&art_id=5099 -
2006-10-27 05:20:49 · answer #3 · answered by Krishna 6 · 0⤊ 0⤋
you shoud read India 2020 by Abdul Kalam.
2006-10-27 02:47:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Beyond imagination! Speculations will fall short!
2006-10-27 02:30:25 · answer #5 · answered by Sam 7 · 0⤊ 0⤋