Future Now
The IFTF Blog
Economics: India's Service Economy Will Lay the Foundation for Long-Term Growth
"While China has captured the world's attention with a growth rate of nearly 10% per year for almost two decades, India has also shown strong growth at 5-6% CAGR over the last decade. Due to structural problems, China's economy may face a slow-down within a few years, but India is actually better positioned to experience sustained growth, first from the service sector and then from an opening of manufacturing markets.
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