The growth story... India is seeing a strengthening economic recovery led by consumption. India’s GDP numbers for the quarter January-March 2016 stood at 7.9% as against 7.2% a year ago, thereby reinforcing its position as the fastest growing economy in the world. In fact, it is one of the highest rates of quarterly growth in recent years. China had this sort of rate of growth for a couple of decades. But today, India’s strong 7.9% growth in the fourth quarter comes at a time when China has reported a 6.7% in the March quarter — its slowest growth in last seven years. If India can manage to continue the growth story, there is no reason why India cannot become one of the largest economies in the world. Lets work together to achieve this and keep fingers crossed! In the meanwhile, enjoy reading this issue of EM, packed with new technology information, market trends, experts’ views, and much more…
