Author: Richard P. Adler / Topic: Development

Author:: Richard P. Adler and Mahesh Uppal
Publication Date:: 09-2008
Content Type:: Working Paper
Institution:: Aspen Institute
Abstract:: Today, India is the world's fastest growing cellular phone market. This past month, we added 8 million subscribers. Our current telephone subscriber base stands at 273 million, with an annual compounded growth rate of 42 percent since 2002. The number of cellular phone subscriptions has tripled over the past year and is 233 million at present [December 2007]. India looks set to achieving the stated target of 500million telephone subscribers by the end of 2010.
Topic:: Development and Science and Technology
Political Geography:: India and Asia

Author:: Richard P. Adler
Publication Date:: 02-2007
Content Type:: Working Paper
Institution:: Aspen Institute
Abstract:: India's economy continues to grow at a remarkable pace. The country's gross domestic product (GDP) has been expanding an average of nearly 8 percent per year since 2002. In the fiscal year ending March 2007, India's economy grew at 9.4 percent. This performance means that the Indian economy met its own national five-year growth goal for the first time since the first five-year plan was issued by the government in 1950. At its current rate of growth, India will become a trillion-dollar economy by 2007–2008 and will overtake South Korea to become Asia's third-largest economy, after China and Japan.
Topic:: Development, Economics, Education, and Science and Technology
Political Geography:: Japan, India, Asia, and South Korea

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