The Indian government views investment in the creaking infrastructure of the cou ntry as being a key requirement, and

has earmarked approximately $550 billion, f or infrastructure upgrades during the 11th five year plan. It expects to fund 70 % of project costs, with the other 30% being supplied by the private sector. Por ts, airports, roads and railways are all seen as vital for the Indian Economy an d have been targeted for investment. Further hope comes from the confidence of Indias home bred companies. As well as taking over the domestic reins, where they now account for most of the economic activity, they are also increasingly expanding abroad. India has contributed mor e new members to the Forbes Global 2000 than any other country in the last some years. Indias Economy has grown by more than 9% for three years running, and has seen a decade of 7%+ growth. This has reduced poverty by 10%, but with 60% of Indias 1.1 billion population living off agriculture and with droughts and floods increasi ng, poverty alleviation is still a major challenge. The structural transformation that has been adopted by the national government i n recent times has reduced growth constraints and contributed greatly to the ove rall growth and prosperity of the country. However there are still major issues around federal vs state bureaucracy, corruption and tariffs that require address ing. Indias public debt is about 58% of GDP, and this represents another challeng e. During this period of stable growth, the performance of the Indian service secto r has been particularly significant. The growth rate of the service sector remai ns high and contributes about 53% of GDP. The industrial sector contributes abou t 29% of GDP. Agriculture is 17% of the Indian economy. To register for Indopac Summit 2012 click http://hpe.asia/register.html Growth in the manufacturing sector has also complemented the countrys excellent g rowth momentum. The growth rate of the manufacturing sector rose steadily. The s torage and communication sector also registered a significant growth rate. Additional factors that have contributed to this robust environment are sustaine d in investment and high savings rates. As far as the percentage of gross capita l formation in GDP is concerned, there has been a significant rise from 22.8% in the fiscal year 2001. Further, the gross rate of savings as a proportion to GDP registered good growth. There are many latent factors that provide stability and growth to Indian econom y. What better place to unravel all this and new insight into investment scenari o could be than the forum of high profile international event Indopac Summit 201 2 to take place in New Delhi on 2nd and 3rd of October. Political and economic s talwarts from world over would enlighten the gathering of business and investor class with their astute vision which would be useful for the economic growth of India and the other Asia Pacific countries. To read more articles click http:// hpe.asia/blog/ Like our page on Facebook https://www.facebook.com/IndopacSummit2012?ref=hl Follow us on Twitter https://twitter.com/Indopac2012 Venue -: The Taj Hotel, 1, Mansingh Road, New Delhi. 110011 Contact Mr. Sanjeev Kalia +91-9811420446