Originally posted by Lisa H
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Currently, we are the 10th or 12th most wealthiest country in the world as far as GDP goes. Many people do live in Haiti-like squalor conditions but many are quite affluent. Every person in my present surroundings lives in his own house which is valued at least $100,000. Property rates in upmarket localities of Bombay and Delhi are actually higher than New York and Tokyo. German automakers like BMW, Audi and Mercede-Benz are making a beeline for the growing Indian car market. India annually consumes more than 50% gold in the world as Indian women are very fond of Gold jewellery.
Analysts predict India will grow to become the second or third largest economy in the world by 2050


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