Brigade Enterprises Limited In recent years, India has experienced rapid economic growth. India’s GDP grew at 7.5%, 8.1%, 8.4% and 9.2% in the fiscal years 2004, 2005, 2006 and 2007, respectively. An important factor in the growth of the Indian economy is the strong growth of the IT and ITES sectors. These sectors benefit from the growing international trend toward off shoring and the resultant demand for skilled, low cost, English speaking workers. Indian competitiveness in this area is aided by substantial investment in telecommunications, infrastructure and the phased liberalization of the communications sector. Historically, the real estate sector in India was unorganized...
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