According to a Goldman Sachs study, four countries, Brazil, Russia, India and China (identified as BRIC countries) will be among the fastest growing economies over the next 50 years. And, India will be the third largest economy in the world by 2040.
India is among the fastest-growing economies in the world, fuelled by growth in all sectors, particularly its globally competitive knowledge-based sectors, a growing consumption of goods and services by its 300 million strong middle class population, major investments in infrastructure creation, and an increasingly open business environment with opportunities for domestic as well as international players.
The Netherlands, with its 400-year long history of trade with India, is among the leading investors in the country, and 2006, has also become the largest recipient of Indian overseas investment. |