The world’s second largest populated country, India,
is the apple of the eye for the world now. The world economies are seeing it as
their potential market. India
has been one of the best performers in the world economy in recent years. The
economy of India
is the fourth largest in the world. Growth had been supported by markets
reforms, huge inflows of FDI, rising foreign exchange reserves, both an IT and
real estate boom, and a flourishing capital market. The main economic activity
of India is still
agriculture, but services are the major source of economic growth, accounting
for more than half of India's
output with less than one third of its labour force. Software exports has
major share in India's
total exports. The BPO industry has played a major role in increasing revenue
for Indian Economy. India
is truly the outsourcing capital of the world.
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