Faber : India could easily grow at say 6 per cent per annum over the next 10-20 years

Doctor Marc Faber told The Economic Times of India recently that the bureaucracy can be reduced significantly in India, not a little but significantly. "If the economy becomes more market-friendly and capitalistic, I think India could easily grow at say 6 per cent per annum over the next 10-20 years,"

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.