Irving, Texas (PRWEB) September 20, 2012
The India economy has experienced robust growth over the last ten years and is expected to continue its growth momentum, reaching approximately US$ 3.34 trillion by 2017 with a CAGR of 11.4% over the next five years.As compared to China and Brazil,the meager contribution of approximately 16% by the top 20 cities of India in the national GDP indicates huge potential for growth in Indian metros, thereby making India an ideal destination for foreign investment.
Lucintel, a leading global management consulting and market research firm, has analyzed investment opportunities in India and presents its findings in “Investment Opportunities in India 2012-2017: Country and City Analysis.”
Strong domestic demand is the key driver of the Indian economy. India is the second largest populous country in the world after China, which is acting as a catalyst for the economic development of the county. A strong work force and huge natural resources drives the economy. Lucintel’s market research indicates that the service sector of India is the major contributor to GDP and the key driver for growth of economy. Industries in the service sector such as IT, telecom, and retail are the key drivers for growth of economy.
The report indicates that although high inflation rate and higher unemployment rate are a major challenge for Indian economy, the burgeoning middle class in the Indian metropolitan cities is likely to drive the Indian economy to greater heights.
The report,which provides an in depth analysis of economy of India, also details the indepth analysis of the macro economy of the India, top industry analysis and top metro economic analysis of the country. This report gives the insightful analysis of the top 10 and emerging 10 cities in India. The report also details the investment climate, regulatory framework,infrastructure development, Indian industry incentives and financial availability, and more.
For a detailed table of contents and pricing information on this timely, market repor t, contact Lucintel at +1-972-636-5056 or via email at email@example.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.