Emerging Indian Economy & Corporate growth in coming decade.....

In 2008 Indian economy becomes trillion $ economy, it took India 60 years since independence to reach the $ trillion status, now at present it is around $1.2 trillion and estimated that at the end of the year it will be around $1.3 trillion. If we take conservative real growth rate of 7% or nominal growth rate of 12% then by 2015 it will reach around $ 2.3 trillion and by 2020 it will cross $ 4 trillion. This calculation is based on conservative approach and if we take little aggressive approach then I think Indian economy will cross $ 6 trillion by 2025.

We can compare this pattern from Chinese Economy. China achieved the status of $1 trillion economy in the year 1998. For China also, it takes around 60 years to achieve that status. But after the first trillion, pattern of Chinese growth were very surprising. It took around another 6 years to reach $ 2 trillion mark however next trillion was achieved within 3 years but more surprising last trillion was achieved in just 1 year. At the end of 2008 Chinese economy was $......

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http://deepakagrawalblog.wordpress.com/2010/01/15/emerging-indian-economy-corporate-growth-in-the-coming-decade/