while it does sound optimistic from urban india point of view, let's put our focus on rural india for a moment. the rural india-- a huge proportion of india-- is based on agriculture and according to what i read, food minister sharad pawar (? ) once said that the productivity in agriculture has been static for few years and, due to increasing indian population, is in fact coming down relatively. the investment in agriculture is not growing and private investment is as well coming down. the cultivation is not a profitable occupation to the farmers. unless agriculture is made profitable and rural economy grows, india, as a whole, cannot boom in economy. and considering the fact that about 93 percent employment in india is in rural sector, a 30 percent growth in IT and other industrial sectors may contribute a mere 1 percent improvement in total employment. so is this gonna be for real or is it just another media hype? where do we draw the line? you may want to look into this analysis: - http://news.indiamart.com/news-analysis/is-it-a-boom-time-in-8563.html LooTe