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  1. 1. Indian Economy – A Snapshot <ul><li>One of the fastest growing in the world </li></ul><ul><li>Consumption growth fuelling economic growth – consumption expenditure forming 78% of GDP </li></ul><ul><li>Services sector contributing over 60% to GDP </li></ul><ul><li>Emerging as a hub of manufacturing excellence. new growth engines of Indian economy include IT, ITes, pharmaceuticals, bio-technology, nano technology, agri. businesses </li></ul><ul><li>Where forces of competition are at work </li></ul><ul><li>Innovation driving enterprises </li></ul><ul><li>Economic reforms well on course – entering second phase            </li></ul>