http://www.corporatesecretary.com/articles/international/12004/subsidiary-management-india/

According to Shriram Subramanian, managing director of Bengaluru-based InGovern Research Services, India’s financial picture is solid. It is the 
second most populous nation on the planet and has a GDP growth rate of 8 percent; it boasts a high savings rate among its citizens, which bodes well for future 
consumption; and with a population that has an 
average worker age of 28, rates of disposable income are likely to rise over the next 30 to 40 years.