David Thomas, CEO of Think Global, lists eight reasons why you'd be crazy to ignore India.
- India has a GDP of US$1.3 trillion and is the eighth-largest economy in the world.
- Economic growth will see India's GDP grow five times over the next 20 years.
- Diverse economy and a strong services sector offers a wide range of business opportunities.
- Demographically, India is one of the youngest countries in the world, with a large working age population.
- India's high domestic savings mean significant investment will be made in infrastructure over the next 10 years.
- India's emerging middle class are boosting domestic consumption in a strong consumer market.
- A robust and well-regulated financial system helped India weather the GFC without major difficulties.
- The Indian stock market has delivered investment returns of 15 percent per annum in the last 10 years.
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