The Economy of India is rising at an Unprecedented rate and right now is fourth largest as measured by purchasing power parity with a GDP of US $3.63 trillion. India is the second fastest growing major economy in the world, with a GDP growth rate of 8.1% at the end of this fiscal year 2005-06. This stability and sustained growth has built up investor confidence and there has been continuous inflow of investments by FIIs resulting in higher GDP and overall progress of India. During the last couple of years, Indian Business Environment has rapidly integrated itself with the Global Economy. Various spheres of Indian Economy have attained a visible growth consistency and have catapulted it to the position of fastest growing Economy in the world. A number of geo-political factors are responsible for this growth, but the most influential one is the enormous HR capital base of highly skilled managerial and English Speaking manpower. In terms of market growth, India offers a growing middle class whose size exceeds the population of the USA or the European Union. India’s sustained growth has been made possible because of the emergence of Indian Global Corporates, a “broad consensus on fiscal discipline and prudence” and an acceptance that trade is beneficial.