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India seems to be one of the safest economic environments for investment when compared to other Asian countries. Moreover India’s imports almost tripled between 2001 and 2005 from $50.1 billion to $138.4 billion, while exports more than doubled, from $43.3 billion to $99.7 billion. Another import point that should be noted is that the growing middle class in India. With the continuous flow of foreign investment and rise of employment opportunities, the middle class has expanded and per capita income has been more than doubled since the mid-1980s. Augmenting purchasing power of the middle class is an attraction to foreign investment...
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