Business News
Home > Business News
India is investment destination of the decade
TIWN
TIWN
PHOTO : TIWN
New Delhi, June 26 : With longstanding trends of a solid economic growth, young demographics, urbanisation and the rise of an aspirational middle class, India stands out as one big shining star in the global economy, HSBC said in a report.
New growth drivers like digitalisation, the rapid ascend of India’s start up ecosystem, high tech exports, maturing reforms and the strength of the corporate balance sheets altogether greatly enhance growth prospects and investability of the Indian economy, the report said. These should in turn create unprecedented investment opportunities in the country over the next five to ten years.
Add your Comment
Comments (0)
More Business News
- Indian tech leaders stand behind Ola's Bhavish in his fight against Microsoft & LinkedIn
- How volatility hit the Indian markets in last three elections
- Dell discloses data breach of some customers’ names, physical addresses
- India on the cusp of becoming a global tech powerhouse: Industry leaders
- Air India Express row: 85 flights cancelled as cabin crew members continue strike