Now the world’s fifth-largest economy and third-largest in terms of purchasing power parity, and with an annual GDP (growth domestic product) growth rate of 6-8%, the world can no longer ignore the Indian market. So, what factors are driving this growth? In the first of these quarterly India Update reports, Amit Jaju reviews India’s more recent emergence as a significant player in the field of renewable energy, the geopolitical challenges they face, and our forecast for business in the country following Q1 and looking ahead into the rest of the year.
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