The Indian economy continues to show lot of promise at a time when the entire world is showing sinking signs. The Indian economy has grown by 8.8% in the latest quarter on the back of healthy industrial and infrastructure growth.
The country has already seen a healthy annual monsoon rains in the last few months, and that is expected to help the world’s second largest populated country post a healthy growth in the agricultural sector.
The country is also averse to raising the interest rates further, as it is already attracting huge foreign flows due to high interest rates. The country is also seeing a healthy domestic demand across industries due to the increasing fortunes for the massive middle class. The education system in the country is one of the best in the world, and hence the country is able to grab lot of high paid jobs from US and Europe and the dominance of India is increasing in the technology sector.