India has emerged as the fastest-growing major economy in the world because of its robust democracy and strong partnerships. It is expected to be one of the top three economic powers in the world over the next few years. With an improvement in the economic scenario, there have been investments across various sectors. Foreign companies are setting up their facilities in India on account of various government initiatives. The aim is to boost the country’s manufacturing sector and hence would increase the purchasing power of an average Indian consumer, which would further spur growth, thus benefitting the investors.
