India is currently the world’s fourth largest economy in terms of real GDP (PPP) and the tenth largest economy in terms of nominal GDP. Over the last decade, the country has emerged as a leading actor on the international stage. The outsourcing of services to India has over the past decade redefined the international business environment, and major Indian companies are now moving abroad on a scale never before witnessed.
In a situation where the world requires innovative companies to address the serious global challenges faced by humanity, including high resource consumption, pollution, population growth, demographic and geopolitical changes, India, with its rapidly changing business environment, may indeed prove to be one of the most important countries.