That would bring India's economic expansion — averaging at more than 8 percent over the past three years — close to rate in China. The record for growth in the Indian economy was 10.5 percent in the fiscal year ended in March 1989. The Indian economy grew 8.4 percent last fiscal year.
Re: Wow - India's Economy to Grow 9% again in 2007
Just a little info on internet use and anticipated growth. Next should be an increase in e-commerce in India with explosive value increases seen in Indian interent businesses.
Re: Wow - India's Economy to Grow 9% again in 2007
Quote:
A large percentage of Indian users access the Internet from cybercafes. Access from cybercafes tends to be suitable for asynchronous applications such as emails, jobs and matrimonials, but is inadequate for leisure and community-driven applications like online radio, streaming video, blogging and social networking. For usage to increase in the later category of apps, always-available connection in the office or home becomes necessary.
Very interesting for those of us interested in development.
Wow - India's Economy to Grow 9% again in 2007
