India A Preferred FDI Destination

The Indian economy is largely an agro-based economy, being a land of farmers. Tractors and other scientifically advanced farm equipment are rampantly visible on the Indian agricultural farms which have replaced the traditionally used cattle and primitive methods. With the changing times and increasing acceptance of science and technology, there has been a rapid growth and development of the industrial sector. The service sector including construction, trade, commerce, banking system etc. has also seen a sufficient rise. In the past few years India has witnessed an overall improvement in the socio-economic structure covering essential facets such as education, health, housing power, energy, transport, communication etc. Having a mixed economy structure, India offers the upliftment of both public and private sectors of the country.