India - A study in contrasts

If like me you think charts are often the best way to convey an economic or statistical point, then you'll want to see a new 28 page chartpack on India by Tamara Trinh, senior economist at Deutsche Bank Research. Some of the key points made in the presentation India - A study in contrasts (PDF):

* India’s attractiveness for foreign investors is increasing - but huge investment is needed, especially in infrastructure
* Low workforce participation, especially of women – more labour market reforms are needed
* Qualifications are unevenly distributed and do not always fit - but huge improvements in the quality of workforce is likely to be a major driver of future growth
* GDP growth from 2006 to 2020 is forecast to average 5.5% p.a., greater than China
* At the end of the next decade, India could reach Japan‘s living standard of 1960 or Korea’s of the early 1980s
* Despite many challenges, India is rising

Comments

[bhupinder]

Not necessarily. Indian economy is still mired in contradictions.

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