with an upcoming boom lies ahead in next 50 years,Indias'' Rwal Estate sector is mushrooming like never before,Propert prices has touched the highest mark since ever before.Bit the fact of the matter is that,Indian household still has notgot plenty of residences. Real Estate sector is witnessing a poised groewth and international rating agencies like standard & poors has declared,India as the robust economy and will lead the world''s economy by 200,ahead of Chna.Indian economy is now poised at a consistent growth rate of 9% foreign direct investment has flown in like never before.With the coming of Wal Marts and other foreign nationals ,India is considered to be the best investment destination.India''s proud.sensex has crosed 15000 points is strong indicator of our economic growth,which is almost doubled in a year.
Indian companies are acquiring many famous brands in outsdoors like Tata acquiring corus steel is a major break through,it has made Tata ,5 th largest steel giant in the world.Indian based tycoon-laxmi niwas Mittal--the No -1 steel magnate in the world owns--Arcelor Mittal and is the third richest person in the world.IT companies like TCS,Wipro and Infosys have made their prsence felt across the world and are acquiring many national companies abroad.The boom in IT and enabled services is still very consistent and lot of outsourced work is considered in our economy.BPO industery has flooded in India due to its low cost and quality and it has opened lot of avenues for youngsters who were rather helpless before the BPO boom.India is considered to be he best destination for BPO services.Concept of knowledge process outsourcing and legal process outsourcing has geared up, as India is also a knowledge capital of the world since ages.Companies like Copal research,EVS,WNS,Capital IQ etc are already here to get their research solutions
Wealth in India is accumulating like anything.The % and number of HNI''s and ultra HNI''s are highest in the world,as India is adding millionaires in its list at a fastr rate compared to any natons in the world.Per capita income of India is rising and investment are poured in to various projects including ,aster plan,Metro projects etc.
With the entry of Insurance companies(IRDA Act,2000) which allows foreign companies to form a venture in India and are given a license,Indian insurance sector is on high boom and the sector as poised to grow at highest rate.this sector is offering plenty of jobs and India now in the world has highest number of Insurance policies in the world with still its population in majority has no insurance cover.This sector is poised to grow in near future at a consistent level.
With the norms and guidelines constituted for foreign''s natonal stake in various industry ranging from 24% to 745 in some sctors like Telecom.Banking and financial seies,Investment and research banking firms etc.Foreign banks are all geared up to enter Indiian market,they have created a core competition and India''s sevice sector is improving and it leads to high infrastructural growth and development.Many of high worth banks like,goldman sachs,barclays,paribas are in the pipeline to come.
With the establishment of research centre of Microsoft in Indian silicone valley,India is considered to be a serious market in the world because returns are much more higher.India boasts of its Inrtellectual property because of its expertise in various sectors and the figure is yet to grow,As India estimated population of youngsters is highest in the world.Develpoed countries like japan and germany are on the verge of etincton because only senior citizens are left out there.
India''s capital is poisecd from walled city to world city like singapore in its master plan 2021,which will bring it on world''s best connected and convenient city map.Brand India is successsfully positioned all across the corner and lot of companies are shifting their bases to India/
Intate,IT ,tourism and healthcare,Our economy has registered a remarkable achievment and many new estates are opening up,Indian economy is unparalled and non challengable,is most robust and tough.Most of the wold''d finest research agencies and instituitions are having presence of India''s intellectual power.
Since its independence,it is the first time in the history when Indian service sctor has outshown other sectors and has contributed in its gross domestic produxt--close to 54 %.Service sector of India includes ,education,mediceines,law ,managementetc are now attracting world''s population to research and development here due to iys competititve cost and high quality.Indian universities are now witnessing a slight increase in its foreigb students.India will surpaas china in 2050 and will be the world''s no 1 economy.