India GDP - Trends 2016 (1/5)
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India's GDP growth in 2015 has been the highest of the top 10 highest GDP countries in the world. India looks like is going to continue to grow at a high rate, largely determined by its high growth IT service sector, and other factors. Overview of: IT service outsourcing to India, Foreign investment, Low commodity prices, High inflation and consumer spending, Corruption, Competition from China, high number of English-speakers, good quality of Education, etc. An article is available to read here: https://detailednews.wordpress.com/2016/06/28/india-gdp/
Comments
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Appreciate the video with explanation. Relying alone in IT sector alone in not enough for India. India should focus on manufacturing as well. Goods should be manufactured in India and exported to the world similar to what China has been doing for the past few decades. Our current BJP government under PM Modi is focusing on it.
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