In its report on US India Business, KPMG finds strong opportunities for American corporations in this booming Asian democracy. Download the must-read report below:
India has one of the world’s most promising economies.
- Its consumer-driven growth, favorable demographics, and productivity gains put it on track to overtake China’s GDP growth rate by 2015.
- India is the second fastest growing Asian economy after China, and its economy is now equal to that of all other emerging Asian countries (excluding China) combined.
- In the coming years, India could comprise a third of the world’s middle class, up from 5 percent today.
The relationship between India and the United States will become increasingly important in the years to come.
- The two countries will rely on each other for job creation and economic growth.
- And the booming growth of India’s consumer class will create opportunity for American corporations.
- Not only will U.S. companies make the products the Indian middle class purchases, but India may also benefit from infrastructure technologies developed by U.S. firms.
KPMG’s report, US India Business: Advancing the Bi-hemispheric Partnership, includes full details of the financial relationship between the two largest democracies in the world.
Tags: American corporations, Asia, India, India business, India growth, India trade, US India, US exports, USA, consumers, More…economy, job creation, opportunity
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