India’s Economic Growth

India’s ________ economy will not __________________ because the country’s large ____________ young _____________and its
high savings rate will keep__________________, the chief executive officer of Infosys said Thursday.
But Nandan Nilekani, whose Indian company is a leading global software provider, _________________________that India needs to
improve its __________________if it wants to ______________its annual economic growth of about 8 percent
“Of course, infrastructure is a___________________, but I believe that infrastructure is on everybody´s radar screen,” said Nilekani,
visiting Hong Kong to accept Forbes Magazine´s Asia Businessman of the Year award.
The executive also said the rapid growth will ________________ the pressure on India to develop trained talent. “That’s something
that needs more public and private investment,” he said at a news conference.
Infosys, which in 1999 was the first Indian company to list on the Nasdaq, the American___________________________, writes and
develops software for Western companies like Goldman Sachs and J.C. Penney Co.
Nilekani said the firm, based in the southern Indian city of Bangalore, plans to hire 30,000 people this year and receives 1.4 million
job applications each year.
India will be able to sustain its economic growth partly because of its ___________________________, he said.
“In the next 20 to 25 years, India will have the largest pool of young people in the age group of 15 to 65 and that´s a big thing,”
“___________________, nobody else will have that advantage.” Claimed Mr Nilekani.

He added that India´s economic growth was also due to a savings rate between 22 percent and 30 percent in the last several years. “
We expect the savings rate to go up even further, “ he said. He said that Infosys wasn´t worried about a potential economic
____________________. Especially in the United States. “ We haven´t heard anything from our customers that there will be a
__________________ in their spending on technology” he said.

India’s Economic Growth

India’s ________ economy will not __________________ because the country’s large ____________ young _____________and its
high savings rate will keep__________________, the chief executive officer of Infosys said Thursday.
But Nandan Nilekani, whose Indian company is a leading global software provider, _________________________that India needs to
improve its __________________if it wants to ______________its annual economic growth of about 8 percent
“Of course, infrastructure is a___________________, but I believe that infrastructure is on everybody´s radar screen,” said Nilekani,
visiting Hong Kong to accept Forbes Magazine´s Asia Businessman of the Year award.
The executive also said the rapid growth will ________________ the pressure on India to develop trained talent. “That’s something
that needs more public and private investment,” he said at a news conference.
Infosys, which in 1999 was the first Indian company to list on the Nasdaq, the American___________________________, writes and
develops software for Western companies like Goldman Sachs and J.C. Penney Co.
Nilekani said the firm, based in the southern Indian city of Bangalore, plans to hire 30,000 people this year and receives 1.4 million
job applications each year.
India will be able to sustain its economic growth partly because of its ___________________________, he said.
“In the next 20 to 25 years, India will have the largest pool of young people in the age group of 15 to 65 and that´s a big thing,”
“___________________, nobody else will have that advantage.” Claimed Mr Nilekani.

He added that India´s economic growth was also due to a savings rate between 22 percent and 30 percent in the last several years. “
We expect the savings rate to go up even further, “ he said. He said that Infosys wasn´t worried about a potential economic
____________________. Especially in the United States. “ We haven´t heard anything from our customers that there will be a
__________________ in their spending on technology” he said.