India on a path of growth and liberalisation !
India now has a proven record of an effective and efficient market system, complemented by high standards of corporate governance. India & China are two of the fastest growing economies in the world. Here, India certainly has a competetive advantage with the median age at just 22 years. If the recent Goldman Sachs study titled "Dreaming with BRIC's - The Path to 2050" is to be believed, then by the year 2040, India will be the third largest economy in the world with a reasonably high per capita income. An important hypothesis for this prediction is the changing Indian demography; it is predicted that in 2010, India will have a staggering 53.9% of its population in the age group of 15-59 years.

Advantage INDIA!
India can boast of a vibrant capital market with NSE and BSE being the third and fifth largest exchanges in the world respectively, in terms of number of trades. The risk management systems adopted by the Indian stock exchanges are the best in the world and the standards in terms of market practices and technology have become international benchmarks. The strength of the Indian markets can be gauged from the fact that the RTGS is being successfully implemented and a shorter settlement cycle of T+1 day is imminent. Several initiatives have been taken, such as liberalisation of trade policy and exchange regulations, industrial decontrol, financial sector reforms, enactment of the competetion act, safeguarding of intellectual property rights, simplification of investment procedures, active transition towards capital account convertability, etc., all of which provide for a liberal and investor friendly regime for investment. When it comes to investments, destination India clearly has a cutting edge.