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Indian Economy – A Snapshot
 One of the fastest growing in the world

 Consumption growth fuelling economic growth – consumption
    expenditure forming 78% of GDP

 Services sector contributing over 60% to GDP

 Emerging as a      hub of manufacturing excellence. new growth
    engines of Indian economy include IT, ITes, pharmaceuticals, bio-
    technology, nano technology, agri. businesses

 Where forces of competition are at work

 Innovation driving enterprises

 Economic reforms well on course – entering second phase       




May 5, 2009           US – India Business Summit, 2006              1

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Indian Economy Snapshot: Fastest Growing, Services Hub, Reforms On Course

  • 1. Indian Economy – A Snapshot  One of the fastest growing in the world  Consumption growth fuelling economic growth – consumption expenditure forming 78% of GDP  Services sector contributing over 60% to GDP  Emerging as a hub of manufacturing excellence. new growth engines of Indian economy include IT, ITes, pharmaceuticals, bio- technology, nano technology, agri. businesses  Where forces of competition are at work  Innovation driving enterprises  Economic reforms well on course – entering second phase        May 5, 2009 US – India Business Summit, 2006 1