India the largest democracy in the world, with its consistent growth, performance and abundance of skilled manpower provides enormous opportunities for investment, both domestic and foreign. India is the fourth largest economy and the tenth most industrialized country. Indian economy with GDP growth rate of 8.2% was the second fastest growing economy in the world during 2003-2004.
Major initiatives such as industrial decontrol, simplification of investment procedures, enactment of competition law, liberalization of trade policy, full commitment to safeguarding intellectual property rights, financial sector reforms, liberalization of exchange regulations etc., have been taken, which provide a liberal, attractive, and investor friendly climate..
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