India on the Move

February 05, 2010

India is the G-20’s second fastest-growing economy…India adopted measures to liberalize its economy and encourage foreign investments in the country in 1991, and since then it has come a long way. The surge for growth came from the increase in the domestic savings rate from 23.5 percent of GDP in 2001-’02, to 37.7 percent in 2007-’08, which facilitated the step-up in the investment rate from 22.8 percent to 39.1 percent during the same period.

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Article by Saurav Arora, President

SFO Magazine, February 2010.

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