India has one is considered the world's 12th largest economy. As expected the major investment banks Goldman Sachs in 2025, India's economy is only the third largest after the United States and China. If you continue to maintain this rate, the time is not long, when India can influence the entire world economy.

There was a time in India's economy is mainly agriculture. But over the years, has diversified to include arts and crafts, knitting, textile, manufacturing and other services host. However, the majority of the population still depends on agriculture, directly or indirectly. India also has a young educated population fluent in English. With the advent of the digital era, India has become the most popular back-end processing center for the global outsourcing of customer service and technical support. This is not only science and technology is to see a prosperous, such as biotechnology, nanotechnology, medicine, aviation, telecommunications and other sectors of the retail will also help its growth rate significantly.

This is 90 years, India's IT market, the introduction of drastic economic reforms to reduce foreign trade and investment in government control. Prior to this, often require a socialist approach, because there is no brake on private sector participation. As the market opening and privatization of public enterprises, therefore, the economy began a slow but steady growth.

However, there are still a number of challenges, pose a major threat to all the growth. India's one billion population is growing rapidly. Therefore, the real challenge lies in the equitable distribution of wealth. Poverty is also a big problem, but the rapid decline after independence. As the sectarian violence and ethnic violence also pose a serious threat to economic stability.

With the Indian economy in the valley at this time, it is the Government's responsibility to ensure the unhindered to develop.

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