What happened in the 1990s
Economic reforms
How much did the economy grow by from 1997
7%
How many graduate from Indian UNIs a year
3m. 500,000 engineering
What happened in the 1980s
Young profs, UK/US, needs, set up locals, served TNCs which outsourced
Why did TNCs relocate to India
£1200 p.a. I / £12,500 p.a. UK
An example of a company which has offices in India
KPMG- Delhi and Mumbai
How much of India’s GDP is from services
56%