Tata Steel has acquired Corus in the UK and Netherlands, a European steel company, and elevates Tata Steel to the fifth largest steel company in the world and brings the capacity of nearly 19 million tonne per year.
TCS & Infosys have had some great revenues and are hitting the Billion dollar each quarter now and these companies have been adding jobs at a rapid pace.
The GDP is around 9 % and with the Purchase price party, India now stands next to USA & China and is ahead of Japan and other European countries.
However the inflation continues to rise and so does the real estate price. More needs to be done on improving the infrastructure and reducing poverty as well as improving the education levels of the rural people
