India’s Economy in 2010
India is an emerging economy which has witnessed unprecedented levels of economic expansion, alongside China, Russia, Mexico and Brazil. India is a cost effective and labor intensive economy, and has benefited immensely from outsourcing of work from developed countries, and has a strong manufacturing and export oriented industrial framework.
With India’s economic pace picking up, global commodity prices have staged a comeback from their lows and global trade has also seen healthy growth over the last two years.


