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India is proving to be a hot business hub for not only indigenous business enterprises, but also for the foreign entrepreneurs. The economy of India has witnessed tenure of sweeping reform over the last decade. Business opportunities in India are gaining in popularity. During the fiscal year April 2006-March 2007, the gross domestic product (GDP) of India is expected to grow at 8.1 percent.
India has established itself as one of the top destinations where foreign investors would like their business activities to be based upon. The features to turn India into a global marketplace can be attributed to the following reasons:
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