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Unformatted text preview: among the fastest growing in the world. It has the world's second largest labor force, with 516.3 million people. India's economic growth has averaged 7% a year, which will double the average income in a decade. Despite India's impressive economic growth over recent decades, it still contains the largest concentration of poor people in the world, and has a higher rate of malnutrition among children under the age of three (46% in year 2007) than any other country in the world. So how is India able to compete with the world being such a poverty stricken country? Through technology and Fiber Optics plays a large role in that. Scholarly references :...
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- Spring '10