The Taj Mahal, India's historic world heritage monument, in Agra. Photo: Rob Elliott/AFP/Getty Images
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1. YOU NEVER HAD IT SO GOOD:
India is the 4th largest economy, in terms of purchasing power parity. Tenth most industrialised economy.
Strong macro-economic performance.
Political stability and broad consensus on reforms. Liberal and transparent foreign investment regime.
Well developed banking system. Vibrant capital market. National Stock Exchange third largest, Bombay Stock Exchange fifth largest in terms of number of trades.
Strong and independent judicial system.
Among the highest rates of returns on investment. Profitability of US investments in India: 19.33% in 2000 (according to US Department of Commerce).
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