ABSTRACT
In this chapter, we will introduce more evidence on some structural aspects of the Indian growth process, which were partially mentioned in the previous one. To begin with, we will show some data and interpretations on the relationship between urbanisation, construction, and real estate, given the credit boom and their growing relevance to gross domestic product (GDP) and gross domestic capital formation (GDCF) growth. Then, we will discuss the role of infrastructure, particularly the case of energy and the correlation between public and private investments. Then, we will explore the main indicators of the Indian external sector, given the relevance of the Indian exports growth and remittances to finance the Indian trade deficit. Finally, we will briefly present some evidence on the Indian “structural heterogeneity”, mainly related to salaries, employment and labour market, and some other social indicators.
