India’s Booming Economy is on an Upward Surge

India is one of the fastest growing economies in the world, boasts annual growth rates of nine to ten percent. Globalization and advances in communications have brought tremendous change to the south Asian giant. “A soaring economy and crumbling trade barriers are making India a ‘must visit’ destination for foreign politicians and executives.” So editorialized the New York Times, one of America’s most influential newspapers.

The New York Times’ New Delhi correspondent Heather Timmons says diverse groups of investors are studying India carefully as the nation embarks on the privatization of key industries. She notes that India welcomes millions of graduates who are fluent in English and comfortable with technology and Western business practices, into its sprawling workforce... (Read more...)

Source :Voice of America