India Market Growth

India is home to an economy, which is big, active and growing. The Indian market is made up of various important sectors and industries including pharmaceutical industry, IT/Software, Foreign Investment, Telecommunication, Stock Market, Manufacturing and Construction, Hospitality Industry, Bond Market, Loan Market, Pharmaceutical Sector, Real Estate, Aviation and Automobile Industry. The growth of all these industries has helped India become a major economy in the world.

IT/Software:-

Over the last one or two years, the information technology and IT-enabled services industry in India has demonstrated a stable development curve. The Indian information technology industry has singularly played a key role in putting the country in the form of an important knowledge-oriented financial and outsourcing hub on the world map. The Business Process Outsourcing (BPO) Industry forms a major segment of the Indian information technology industry and it has reinvented itself with the changing requirements of the customers. Other important segments of the Indian IT industry include data analytics and legal process outsourcing (LPO).

Foreign Investment:-

Foreign investment or Foreign Direct Investment (FDI) is a significant source of funds inflow in the Indian economy. Beginning from a baseline of under US $1 billion, a recent study conducted by UNCTAD (United Nations Conference on Trade and Development) depicted India as the second biggest FDI destination following China for international companies for the period of 2010 to 2012. As laid down by the statistics, the industries that are drawing foreign direct investment include the following.

Telecommunication:-

The Indian telecommunication network ranks as the second largest among the nascent economies in Asia and the third biggest in the world. The liberal policies have helped it become a pillar of the Indian economy. The Indian telecommunications industry is mostly dominated by the private companies. In February 2011, more than 20.2 million new connections were provided. In this way, the overall cellular phone subscription in India increased to 791.38 million.


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