Yes, India can reach back to the same growth rate and amintain the same momentum of growth, inspite of the world and China going into depression or recession whatever u call it. Well i just call it plain greed. India has a golden chance to revive its economy and lead the world and reach trillion dollars reserves in just a few years! yes this can happen. First dont forget India is a consumption economy in the world as it is a developing one. It is one of the largest consumption economy in the world with footprints showing and the past history showing that India is in a position to replace USA provided it follows the basic laws of development. The govr. along with the private sector will have to embark upon a mass scale infrastructure development with Nirma concept/ Reliance concept in real estate of providing shelter at the basic affordable cost generating 24.6 million shelters! Imagine the impetus to core manufacturing it can do to the economy leading to a sharp rise in consumption. If u just pick up this sector u end up being one of the lowest cost manufacturer due to demand scales would move up bringing down the cost, inshort creating a china here while enjoying the benefits of USA.
Well then u replace usa as the largest consumption economy of the world, ur rupee becomes the dollar of the world and then make hay while sunshine like USA or make better for the future depends on our future generations.
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