Article: Sahulat Journal, Vol.7, No. 1, December 2018 and June 2019
Mohammed Arshad Umeri 1
The Indian economy is deemed as one of the largest and fastest growing economies in the world. The Indian population is estimated to be more than 1.3 billion. A recent demography survey indicates that the country’s workforce is set to grow by 900 million people by 2020. India’s vast human and natural resources offer tremendous investment opportunities. The institutional as well as legal framework of the Indian market is highly conducive and is considered to be one of the best in the region particularly for investment purposes. In fact, abundance of human capital with technical and managerial skills along with international experience distinguishes India from rest of the developing countries.
On the basis of enormous economic growth experts predicted that India will be one of the world’s biggest economies by 2050.