India Not The Next China, But Getting There

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India Not The Next China, But Getting There

by Wochit 0:38 mins

India Not The Next China, But Getting There

by Wochit 0:38 mins

India’s not the next next China in terms of massive infrastructure build out and rising incomes, but it is getting close. For starters, the “gasping elephant” days are coming to an end, as one HSBC analyst referred to the Indian economy in 2012. The country is ready to hit the ground running and return to growth now that Narendra Modi and his BJP party has cleaned up Parliament. A study by the Organization for Economic Cooperation & Development said Tuesday that India was on the path to growth improvement.

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