ABSTRACT
Over the years India has recorded dierent annual growth rates-from 4% in 2000 to 2002, 7% in 2003 to 2004, 8.2% in 2005, and 8.9% in 2006
to 2008 and somewhat slowed aer the 2009 Global Financial Crisis. Since then, the Indian economy has shown steady growth rates (Lee, 2008). e reason for its fast growth aer 2000 is the acceleration in social infrastructure development, the vitalization in economic zones, the return of outstanding human resources to domestic industries, and the increase in consumption spending through expanding middle-class segments.
