While the stock market voted down the budget, there were some announcements in that budget speech that will open up new frontiers for India’s burgeoning economy. Let us look at some of them and how they are likely to usher a few sunrise sectors that will not just create jobs but also help double the size of the economy – from the current US$2.61 trillion to US$5 trillion by 2024-25.
Business Opportunities In India
Devising a safe and sound Indian market entry strategy is a task which requires foreign investors to consider plenty of factors. A young population with a median age of 26.7 years, combined with a drastic decrease in the number of people living below the poverty line as per NSSO data has led to India’s position as a leading world market.