Indian economy is the one of the fastest growing economy in the world. it is tenth largest economy with of $1.53 trillion. The economy boom of India has started after 1991 with economic liberalization. Despite of fast economy growth India is facing poverty and income inequalities.

According to Goldman Sachs India’s GDP will quadruple by 2020 and will surpass us economy by 2043. The current contribution of various sectors in Indian GDP is 57.2% of service industry, 28.6% of industrial and 14.6% of agricultural sectors. .Major industries in India are telecommunications, textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, information technology-enabled services and pharmaceuticals. With five year plan India is trying to resolve problem of regional disparities. India have the world’s third largest road network , 806.1 million telephone subscribers with 3G and wimax services and millions of skill workforce.

Indian economies have major challenges also such as corruption, unemployment, regional disparities, lack of Infrastructure like electricity availability and Economic disparities.

Indian economy is one of the major destinations for worldwide investors due to its high GDP rate and booming market. India is developing its Infrastructure as per modern era. India has power generation capacity of 164,835 megawatts (MW). Indian economy will lead it from developing country to develop nation in next few decade. From 1991 to 2011 world, India is providing completion to other major economies of world. Its promising, booming and big with respect to other major economies of world like china, brazil. India needs to reform its lacking sector to achieve the goal of developed economy. Indian economy is growing as world second fastest economy to achieve predicated targets.

Thus we can safely say that it is a wise decision to invest in any portfolio related to the Indian Economy as changing times indicate the dominance of India in the world market.

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