India Calling !!

"If there is one place on the
face of this Earth where all
the dreams of living men
have found a home from
the very earliest days when
man began the dream of
existence, it is India".
Romain Rolland, French
philosopher

The Indian economy has witnessed significant change in the last decade. Almost
all the sectors have been opened up for private participation. Import licensing has
been abolished and Import duties have now been rationalized to internationally
acceptable levels. Peak import duty is now at 15 per cent. The sensex is getting new peak daily and it is very close to 12000 now. I t is standing tall defying even Dow Jones. The corporate India is crossing his fingers since best is still to come.
The process of reforms since independence in 1947 has been slow but steady.
The 50s through the 70s saw agricultural reforms, 80s up to the mid-90s was the
phase of industrial reforms, while the post-90s era has seen the emergence of
information technology and service sector reforms, showcasing India as an
information technology and service industry powerhouse.
The economy had registered a growth rate of 8.5 per cent in 2003-04, the
highest ever except in 1975-76 and 1988-89. The economy grew at 6.9 per cent
in 2004-05.
Now one destination for all the industries come and feel the diffrence India is calling..............

Courtesy : KPMG