The Indian Economy is set to take off in a big way. With growth rate at 9.2 pc,Exports at 36.3 pc, FDI up 98.4 pc in first half. Forex reserves swelled to $ 180 b approx. The Forex reserves figure is likely to cross $ 200 billion mark before fiscal year ends. $ 200 billion is enough to have an import cover of over an year. Services sector has displayed vigorous growth performance ,they were distinct signs of sustained improvement on the industrial front. "With an upsurge in investment the outlook is distinctly upbeat”. The overall macroeconomic fundamentals are robust.

The economy appears to have decidedly "taken off" and moved from phase of moderate growth to a new phase of high growth. The government is taking steps to contain inflation and food production is expected to go up. Momentum in the growth of financial services will be maintained. The outlook of infrastructure development would be stepped up this year also and interconnecting the status would further extended foreign investments continued in India.

The buoyancy of foreign investment flows was best exhibited by the bullish BSE Sensex which rallied from a low of 8929 on June 14, 2006 to all-time intra-day high of 14,724 on February 9,2007. The rally from the 13,000 mark to the 14,000 mark in only 26 trading sessions was the fastest ever climb of 1,000 points. Many foreign and Multinational are setting up branches in India and BPOs which will improve job opportunities and economic development of the population. All these indicators point to a robust all-round growth in the Indian economy.