1. Corporate India -20 Years hence Presented by: Bharat Jhalani July 2008

2. Intro For most of its post-independence history, India adhered to a socialist approach with strict government control over private sector participation, foreign trade, and foreign direct investment. However, since 1991, India has gradually opened up its markets through economic reforms and reduced government controls on foreign trade and investment. Foreign exchange reserves have risen from US$5.8 billion in March 1991 to US$300 billion in March, 2008, while federal and state budget deficits have decreased.

3. Intro With a GDP growth rate of 9.4% in 2006-07, the economy is among the fastest growing in the world. India's GDP in terms of USD exchange-rate is US$1.089 trillion. When measured in terms of purchasing power parity (PPP), India has the world's fourth largest GDP at US$4.726 trillion. India's per capita income (nominal) is US$977, while its per capita (PPP) is US$2700.