To make India, a land, which is truly world class. With 1100 million people, India has a very large demand, but where is the buying power?
We must export more to build up buying power! India's future lies in becoming a resource base for the world
, in manufacturing, trading and services, since 99.2% of world trade and 98.28% of world buying power is NOT within India.
A bird's eye view shows:-
India needs to emulate the successful examples of information technology & software & diamond exports, for all other areas of the economy.
With a high purchasing power parity ( PPP of Rs. 10 = US$1), India has immense scope to export goods and services. Good governance and effective administration are necessary to achieve these goals for India!
Politicians & officials in China 'Talk Economics & Walk the Talk', that is why non-resident Chinese and foreign investors have confidence in China! Fortunately, the preception about India is now in positive territory!