India’s economy is on the fulcrum of an exponential growth period. With positive indicators such as a stable 8 percent annual growth, rising foreign exchange reserves of more than US$ 150 billion, a booming capital market with the popular “Sensex” index topping the magical 8000 mark, flowing foreign direct investment (FDI) in excess of US$ 10 billion, and a remarkable 25 percent surge in exports, it is easy to grasp why India is a leading destination for foreign investment. In a nutshell, India appears to offer a global economic opportunity. This article seeks to critically review its global opportunities for growth.

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