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Tuesday, August 11, 2009

India's Economy Is On The Upswing

By Mike Swanson

We all know that there are a few countries that are known by many other countries as "third world". Why, and what is a "third world" country anyway? There are many discussions on this topic, but when you look into the matter you will find that the only real explanation is that those countries are short on cash and that they owe other countries money. A few years ago India was one of those countries, but it should be safe to say that India is out of the financial rut, or at least they are coming out of it, because the India economy is growing very rapidly.

The biggest thing that put India on the map was the roll Bollywood played in the world of cinema. Now for those of you who do not know what Bollywood is, it is India's take on Americas Hollywood, it is the City of Mumbai in India and is the city were all of the movie stars live.

In the last few years or so, India has made plenty of movies and all of these are also taking their place throughout the world. The Bollywood craze has ensured that many Indian movies actually make it into the main stream cinemas and are imported all over the world. They have even started making Bollywood movies in the USA, even using one or two Hollywood names to boost sales.

The movie industry is not the only reason that India economy is growing so fast. Known as a third world country a few years ago, India has worked hard to become a well known country, and they have accomplished this.

The tourism industry has played a big role in this. The tourism industry has grown exponentially and is one of the largest in the world. This has not been very hard as the country is stunning and unique with interesting historic landmarks and attractions to promote.

You will also find that the medical industry in India is one of the helpers of the economic status. You will find that medical care is really cheap in India, and they also have some of the best hospitals in the world. This explains why people from all over the world travel to India to get medical surgeries done all throughout the year. - 23162

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