India is the fastest growing large economy in the world with an average growth rate of 7-8% during the last several years.
India is one of the largest consumer markets in the world. It has a population of 1.2 billion, of which more than 50% is below the age of 25 and more than 65% is below the age of 35. 250 million people are expected to join India's workforce by 2030, which represents a huge untapped market potential.
India has a massive pool of English-speaking skilled manpower, cost-effective labor force and abundant natural resources, which makes it an attractive destination for setting up big industrial projects and manufacturing base.
India has a stable political environment and a pro-reform government at the helm, which ensures long-term safety and stability to foreign investors.
The Indian government has recently undertaken numerous measures to revitalize growth and attract foreign investment into India such as simplification of procedures, relaxation in the FDI Policy and introduction of investor-friendly policies.
Various government initiatives like "Make in India", "Digital India", "Skill India" and the "Smart Cities" Project are expected to increase the purchasing power of an average Indian consumer, which would further boost demand and stimulate overall growth and investment in the country.
There is a marked improvement in India's economic fundamentals and macroeconomic indicators. Combined with greater access to cutting-edge technology, robust banking and financial systems, increasing urbanization and focus towards infrastructure development, India has become the most attractive destinations for foreign investment.
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