current economic condition of indian economy?

Answer 1

Their economy is soaring and high growth every year. Most computers and parts are built there. Service hotlines that you called for technical support for like your cell phone may be answer there instead of in the US. The problem is that they dont have enough electricity, almost everyday there is a time when there is no power. And that is what keeps investors concern opening business over there. Also their infrastructure doesnt complete on time. Also applying a business license in India takes much longer than China!! They are usually completed two or three years behind schedule of what they projected. But the Delhi subway is a successful story. But certainly India is a heavy populated country and would definitely have the ability to absorb many foreign countries' goods. Most goods are made in India and then export it to North America and Europe. I believe I heard that 20-30 years later, India will overtake Japan.