India is the 4th largest economy, in terms of purchasing power parity. Tenth most industrialized 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 pool of scientific and technical manpower. Prowess of IITs, IIMs well known.

2nd largest English-speaking population.

India rated as the most attractive destination for offshore business processing by global consultancy A T Kearney.

Exports $12 billion; 2008 exports target: $60 billion, to be 35% of India's total exports.

India continues to have the highest concentration of poverty of any country.  

India continues to suffer from gross inequities in the delivery of basic education and health services.  

In key areas of the economy, particularly the power, roads and transportation sectors, investments have failed to keep pace with developments in the overall economy and thus emerged as major impediment to a higher sustainable growth path.  

India's weak transport and communications infrastructure is increasingly seen to be a constraint on economic growth. 

A shortage of power is also a serious constraint on growth, but investors have been wary to enter a market where the purchasers - state electric state electricity boards are effectively bankrupt.