2023 2024 Student Forum > Management Forum > Entrance Exams

 
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17th December 2015, 01:16 PM
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Join Date: Apr 2013
Re: India Economic Growth

The economic development in India followed socialist-inspired policies for most of its independent history, including state-ownership of many sectors.

India's GDP growth during January–March period of 2015 was at 7.5% compared to China's 7%, making it the fastest growing economy.

India is fifteenth in services output. Service industry employ English-speaking Indian workers on the supply side and on the demand side, has increased demand from foreign consumers.

GDP growth rate of last years:

2005 8.4
2006 9.2
2007 9.0
2008 7.4
2009 7.4
2010 7.1
2011 6.8
2012 6.5
2013 5.1
2014 6.9

Lists of companies which help in India Economic Growth:

Reliance Industries
State Bank of India
Oil and Natural Gas Corporation
Tata Motors
NTPC
ICICI Bank
Tata Steel
Indian oil corporation
HDFC
TCS


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