How did the economic crisis of 2008 impact India?

Reasons to support india wasn't affected by crisis 1.Low dependence on global flows on capital and trade as external trade contributes only 20% to GDP and india has a huge population so a huge domestic demand for goods & services 2. read more

Indians rejoiced the introduction of the red luxury class airline which was so competitive and fresh. It is a different story that the enterprise failed. But many other industries and businesses grew in stature and turnover due to globalisation. That is why the 2008 crisis had little impact on Indian economy. read more

Impact of Global Financial Crisis on India’s Growth: advertisements: In the last two decades (1990-2009) fluctuations in India’s economic growth were not closely linked to the cycles in developed countries or high-income OECD countries. read more