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Indian Economy: Emerging Trends, Issues and Challenges

Author

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  • M. Javid Masood

    (Aligarh Muslim University, India)

Abstract

India is one of the fastest transforming economies in the world. This has become possible because of the globalization of Indian economy on the one hand and on world economy integrating itself. This paper reveals that, due its consistent growth, India¡¯s gross domestic product has crossed the trillion figures and exports have touched upon three digit figures. According to recent HSBC¡¯s Emerging Market Index, India¡¯s economy expands more than China¡¯s. The composite index for India stood at 54.8, whereas for China it is 51.4. India has to concentrate on its driving sectors of growth. The paper presents the emerging trends, issues and challenges which Indian economy has to face in forthcoming years.

Suggested Citation

  • M. Javid Masood, 2013. "Indian Economy: Emerging Trends, Issues and Challenges," Transnational Corporations Review, Ottawa United Learning Academy, vol. 5(3), pages 79-85, September.
    • Handle: RePEc:oul:tncr09:v:5:y:2013:i:3:p:79-85
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