- Created by: Megan
- Created on: 26-05-15 18:41
Reasons for Growth
- Early growth driven by the US and UK - skilled Indians migrated, gained skills, returned and set up companies.
- 1991 IMF bailed India out of debt in return for liberalising its economy
- Middle class population over 300 million - large market + well educated (50 million speak English)
- Low labour costs - for every 1000 jobs relocated to India…