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India Economy to Pass China as Fastest Growing Economy

February 9th, 2009 · No Comments · India Economy

The India economy is expected to surpass China as the fastest growing economy in 2009 according to Businessweek.

The key to such a milestone is for the India economy to reach a least 6.5 percent growth in Q4 2008 which could surpass China as its exports continue to decline and as India capitalizes on domestic demand.

India government officials have declared that India economic growth adjusted has hit 7.9% and 7.6% in the first two quarters of 2008.

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