The World Bank has acknowledged India as the country with the fastest economic growth, saying it would be growing at the rate of 7.8% during the current year, whereas, it is 6.7% for China, and 2.9% for world economy.
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The aviation markets in India are growing at a phenomenal rate of 25%, when compared to 9% in the US and 8.4 % in China.
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India has witnessed a growth of 7.6% in the passenger vehicle markets. By selling 2.5 million cars every year, India has emerged as the fifth largest passenger vehicle market.
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The urge among Indians to absorb newer technologies is evident from the fact that 6.95 billion electronic transactions took place last year in the country.
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India is on the top of the world with over one billion people using mobile phones in the country.
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While the population worldwide is aging, India is getting....