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- GDP USD 2000 billion, growth rate 6-6.5%
- Population 1.25 billion, strong workforce
- A democratic country, an independent judiciary
- Economic liberalization started in the early ’90s, gradual reduction in customs duties from 75% to 6.5%
- Large scale infrastructural development
- Emerging economy, difficult to ignore.
- The center of gravity is shifting eastwards and India will be one of the motor force in globalization
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India Economic Development
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