Why did India’s economy and businesses grew so fast in the last decades and how will the country develop further on? What will India be like in future?
1. Introduction
2. Indian history
3. Development of Economy and Businesses in India
Development of the rural sector
Domestic policy
India and the rest of the world
4. India and its future
5. Conclusion
6. Bibliography
1. Introduction
In todays world there is an enormous interest in why economies and countries grew in the way they did and how these developments could be transferred to huge companies or other countries.
Because India was and still is one of the fastest growing economies in the world, it is one of few countries focused most. Indias growth is really interesting because it took place in a really short period, up to this moment not even 60 years.
In todays time, India and China are the fastest growing economies in the world, but totally different ones.
China, like most other asian countries, developed the segment of ‘smale-scale industries’, producing shoes, toys and so on for export, but indias way was starkly different.
Especially after indias independence in 1947, the countrys economy grew faster and faster. How did the country managed the changing from a totally rural country to a really important factor in global economy?
Why did indias economy and businesses grew so fast in the last decades and how will the country develop further on? What will India be like in future?
This term paper will deal with these questions and try to give an a ...