1. Indian Economy – A Snapshot
One of the fastest growing in the world
Consumption growth fuelling economic growth – consumption
expenditure forming 78% of GDP
Services sector contributing over 60% to GDP
Emerging as a hub of manufacturing excellence. new growth
engines of Indian economy include IT, ITes, pharmaceuticals, bio-
technology, nano technology, agri. businesses
Where forces of competition are at work
Innovation driving enterprises
Economic reforms well on course – entering second phase
May 5, 2009 US – India Business Summit, 2006 1
