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Why India
With India’s economic growth constantly in the media, seeking an opportunity for either a working relation or the development of a customer base within this emerging economy has proven to be on the top agenda for many businesses. Investors and developers from all over the world consider India as a perspective venue and attractive region for investments and high-stake ventures, and one of the few regions to pull through the credit crunch with an economy growth over 7%.
● India is the second largest country by population. ● The Indian authorities, however, restrict capital outflows to US$ 200,000 per person per year for resident Indians. ● The Indian economy has expanded by 8.6% pa during the past five years. ● It is now the fourth largest economy in the world, up from tenth in 1992 ● Indian GDP growth is forecast to rise by 7.3% pa over the next ten years, more than double the global average. ● By 2013 India is destined to become the third largest world economy. ● By 2050 India’s population is predicted to be the largest in the world at 1.6 billion, higher than China. ———————————————————————————————————————————— Wealth in India ● The number of HNWIs in India is growing at a faster pace than any other nation. ● In 10 years there are forecast to be over 400,000 HNWIs, four times the number today. ● There are expected to be 1.9 million semi-HNWIs by 2017. ● The number of middle-class Indians with the potential to 583 million by 2025. ● The number of Indians with wealth exceeding US$ 100,000 is forecast to be 29 million by 2017. ———————————————————————————————————————————— Current facts ● India’s 10 largest cities each have a population above 3 million. ● 1.13 billion population. ● 2nd most populous nation. ● 17% of world population. ● Density 329 people per sq km. ● 7th largest country by area. ● Largest democracy in the world. ● 32% of the population is under 15 years of age, 60% are less than 30 years with just 25% older than 40 years. ● Mumbai is the second most populous city in the world with 21.1 million people. ● Economy is worth approximately US$ 3.4 trillion pa, 4th largest in the world. ● GDP per capita is circa US$ 3,000 pa, significantly below the UK at US$ 35,000 pa. ● Accounts for 4.6% of global GDP. ● Labour force of 516 million, second highest in world. ● 60% of workforce employed in agriculture, 12% in industry and 28% in services. ● Agriculture represents 18% of national GDP, industry 29% and services 53% ———————————————————————————————————————————— Recent journey ● The Indian economy has increased by 6.7% pa during the past 15 years compared to average world growth of 3.7%pa ● During the past 5 years the Indian economy has grown by 8.6% pa. ● In 1992 India accounted for 2.9% of global GDP, by 2007 this had risen to 4.6%. ● India has risen from the world’s 10th largest economy in 1992 to the 4th largest in 2007. ● In the past 15 years India’s population has increased by 272 million, a growth rate of 1.9% pa. ● Output from the service sector has increased by 150%, averaging 9.4% pa, over the past 10 years. ————————————————————————————————————————————
● Indian GDP is forecast to grow by 7.3% pa over the next 10 years. ● GDP growth is expected to increase three times as fast as the UK and twice as fast as world GDP in the next 10 years. ● By 2013 it will be contributing around 5.6% of global GDP. ● The population is forecast to rise by around 320 million between 2007 and 2025 to 1.45 billion. ————————————————————————————————————————————
Demand will be high - contact us now! Spaces are limited for the show and bookings will be treated on a first come first served basis. Don’t delay please contact our sales team who can discuss the options with you on +44 8452 242 974, alternatively email info@ipishow.com.
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