Premium Essay

India Evaluation for Startup Business

In: Business and Management

Submitted By nwinslow
Words 2189
Pages 9
Country Evaluation: India

Describe the country of investment. Include the following:

Economic structure, indicators and risk

Throughout India the economic structure differs greatly from state to state. India is known for having one of the fasting growing economies in the world. This has a lot to do with the huge population in India. Capital, labor, and productivity growth have been the main contributors to the economic growth in the country. In recent years the Indian government has made great strides in strengthening the economy. Despite this push by the government there are still several very poor areas and the country still has a lot of uneven economic stability and because of this there is still a lot of room for improvement. The widespread poverty throughout India is one of the biggest challenges the country faces (Dasgupta & Chakraborty, 2005).

For many years the Indian government had several rigid policies to discourage foreign investments but in recent years these policies have been under reform. Most of the growth that the economy of India has seen in recent years has been due to internal growth. The country depends very little on exports and this has been an advantage for their stability. When foreign countries have economic problems and in recent years when there are been global economic crisis, the effects are not felt as much on the Indian economy.

India has a very good education system which is great for their economic growth. Unfortunately the education in not evenly spread throughout the country so there are many well educated areas but just as many uneducated areas which creates a high unemployment rate for those areas.

The biggest challenge for India’s economy is its lack of resources. They are heavily reliant on imports from other countries and they have several areas that are lacking in the country’s infrastructure.

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