Home FEATURED NEWS India’s Growth Has Chinese Consumption Characteristics

India’s Growth Has Chinese Consumption Characteristics

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“Fifteen years, 6 governments, 5 prime ministers, one direction. 6 percent average annual GDP growth.” That was the marketing blitzBloomberg Terminal India took to Davos in 2006. The concept was not a lot to woo the West in a single day as to wean it away from its fascination with China, whose gross home product again then was increasing at double-digit charges.

Eighteen years later, India is internet hosting a second coming-of-age party this week on the World Economic Forum within the Swiss Alpine city, although in vastly modified circumstances.

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