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India fast becoming an economic super power.(INTERNATIONAL SECTION)
New parts of the world that were not long ago considered undeveloped, backwater countries, are now taking center stage in the global economy. Much has been publicized about the ascendance of China's economy, as it has become a major venue for the manufacturing of products sought after by worldwide consumers eager for cheaper goods. However, China's Asian neighbor, India, also has a vigorously growing economy. India's economy is partly being fueled by companies around the world seeking to reduce their costs by outsourcing some of their operations there.
A March 9, 2005 article in the International Herald Tribune reported that within 30 years, India is projected to ...
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Source: HighBeam Research, India fast becoming an economic super power.(INTERNATIONAL SECTION)