Finance, Forex and Investments

How is India's economy; from after World War II (WWII) to present?

I know the past of their economy but I need to focus on the present aspects of India's economy.

Public Comments

1. Most people in India are still living in poverty but a small middle class is forming in the last few years. Religion, ignorance, a terrible infrastructure and the fact that hundreds of languages are spoken in India and people have a hard time communicating causes India to remain a very poor country.
2. Well that's quite a general question. It's going well. India has recently been doing some aquisitions of foriegn companies in various industries (steel for example - mittal), Jaguar take over. Over the last four years we have seen the west significantly open up to India when it comes to international trade after realising China and India will be the two new big world powers. India's previous only real trade partner was Russia. As a result of trade and a reduction of regulations for new businesses opening it's attracted alot of FDI (foreign direct investment).
3. Here's everything you need to know: http://en.wikipedia.org/wiki/Economy_of_India Independence was 1947, right after WW II.
4. Oh im indian and i can tell you that India has the second fastest growth rate after China. Now the rich are getting richer and the middle class like us are definitely doing better. Sadly the poor are not doing that great. Due to Overpopulation and all that they have very little access to medicines, sanitation, good homes, etc. ckeck this website out http://en.wikipedia.org/wiki/Economy_of_India.