Some Strengths of India Large Middle Class Indias middle class numbers approximately 400 million and is growing.

Middle clas s citizens have disposable incomes. A middle class that is already larger than t he population of the entire US is a lucrative and attractive market for trade. Qualified Work Force In spite of government and infrastructure difficulties, Indias economy is moderni zing in software and hi-tech services. Software exports from India is expected t o touch $70 billion dollars in the fiscal year ending in 2012, and business proc ess outsourcing exports is also growing by 20 percent. Government willing to Implement Market Oriented Reforms The Government of India favours and has made many of market oriented reforms to foster the growth of the Indian economy. These reforms include liberalizing fore ign investment, deregulating industry, reducing import tariffs and other trade b arriers, modernization of the Indian financial sector, adjusting government fisc al policies, and improving intellectual property rights. The ability and willing ness of the Government of India to make necessary reforms to enable Indias econom ic growth is a major strength for India. Some weaknesses of India Economy still suffers from a perception of backwardness. The Government of Indias poor history of dealing with its economy is a weakness for India. Poor Infrastructure India suffers from substandard infrastructure. A nations economy suffers impedime nts without adequate transportation features, electrical, and water services. Un til investment in Indias infrastructure catches up, poor infrastructure will cont inue to be one of Indias weaknesses. In this scenario, taking a holistic view, India continues to make market oriente d reforms and is able to improve its infrastructure at a pace that is complement ary to its economic growth. Foreign Direct Investment grows. India continues to try to serve its economic interests of growth, effective competition with China, and maintenance of the US as its largest trading partner. India maintains its m iddle class and its high tech work force. The Indian Government succeeds in maki ng market oriented economic reforms, and India makes the necessary improvements to its infrastructure at a rate that helps the Indian economy grow. As a result, investment in the Indian economy grows, and so does the Indian economy. To reg ister for Indopac Summit 2012 click http://hpe.asia/register.html This is just a fact sheet kind of assessment. But more serious and beneficial as sessments for businesses and investors would be deliberated upon in the forthcom ing high profile Indopac Summit 2012 which would be held in New Delhi on 2nd and 3rd of October. The Summit would witness assemblage of a battery of top politic al and economic leaders from the world over. Their discussion would help bring f orth the blueprint of economic growth for India and the other Asia Pacific count ries which, in the present scenario, hold the key to the global economic growth. To read more articles click http://hpe.asia/blog/ Like our page on Facebook https://www.facebook.com/IndopacSummit2012?ref=hl Follow us on Twitter https://twitter.com/Indopac2012 Venue -: The Taj Hotel, 1, Mansingh Road, New Delhi. 110011 Contact Mr. Sanjeev Kalia +91-9811420446