GROWTH DRIVERS
 
     
 
Demographics
Growing
middle class
Economic
Reforms
Capital
Deepening
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Population growing by 420 million, or more than 60%, since the early 1980s Middle class at 25% in 2006 estimated to increase to 34% by 2010. Tax Reforms: Single rate uniform tax rates.
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Increasing amount of investment over the years.
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Working age population of 675 million. Roughly 60% are economically active

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Growth in Consumer Durables expected between 15–20%



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Liberalized FDI policy post 2005, with 100% FDI in almost all sectors like construction, ventures, power trading
Preferred destination for foreign portfolio investments, has a share of 20 – 25 % of the total flows into developing country’s
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