A PREVIEW OF THE INDIAN ECONOMY.

The Indian economy has transformed in the last 7/8 years in such a manner that it was inconceivable a decade ago. It has become more accessible and freed itself from orthodoxical past. Very few countries in the world could make such a dynamic switch over so smoothly and convincingly. The journey has only began and far from completion. The process of change, however, has started on a firm footing and some of the macro economic scenarios have moved up so impressively:

1. The Foreign Direct Investment has exceeded US$ 15 Billion.
2. The Foreign Exchange reserve have soared up to US$ 190 Billion.
3. The trade deficit was brought down less than US$ 1 Billion.
4. Inflation has been kept firmly under 9%.
5. The Stock Market is as volatile as ever.
6. The Real Estate Market is booming.
7. Infrastructure projects attracting attention from foreign countries.
8. Efforts are made to check the ever increasing Government expenditure.
9. Many Indian Companies are attracting foreign portfolios for investment.
10. Investment proposals involving US$ 100 Billion for power generation.
11. Business proposals exceeding US$ 75 in the pipeline for other developments.
12. IT Sector.

The above-mentioned facts and figures only exhibit the vibrant economy we have inherited for sustainable macro/micro economic development.