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The economy is backed by strong fundamentals, with a vibrant and well regulated stock market with stable interest of U.S. financial institutions, excellent local financial and banking institutions and a government that is now open and willing to accepting foreign investment and other inputs. The services and manufacturing sectors with double-digit growth rates are doing exceedingly well and India’s lead position in the information technology domain is well-recognized all over the world.
The Revolution in Retail: The retail scene in India is currently undergoing a “sea change” with the emergence of scores of modern retailing malls, stores and multiplexes all over the country instead of the earlier dominance of millions of mom-and-pop stores and retail is the fastest-growing sector of the Indian economy...
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