印度國情簡介下載(英文) - INVEST INDIA Focus on ICT Sector.ppt

INDIA: EMERGING ECONNOMY VIBRANT MARKETPresentation to Seminar organized by TEEMA Amit Narang DDG, ITA March 12, 2008 Indian Economy: Strong Vibrant GDP grew at an average annual growth rate of 6% between 1980-2003 8.8% for the last 4 years GDP growth 2005-06: 9.4% 2006-07: 9.6% 2007-08: 8.7% In 2007-08, Services and Industry expanded at 10.7% and 9.4% respectively Sustained double digit growth likely Strong Fundamentals: Over 65% of GDP from Private Consumption (Japan:55%, China: 40%) Steady Reserves of Foreign Exchange: From US$ 5.8 BN in March 1991 to US$ 285 BN in 2007; Crossed US$ 301 BN in Feb 2008 Market Cap up from US$ 140 BN in 2001 to over US$ 1 TN FDI on the up: crossed US$ 19 BN in 2006-07: Target of US$ 30 Billion this year Huge Consumer Market: 350 million strong Middle Class Spending Power: Per Capita Income in 2007 increased by 14.2%; 70% of income on consumption, most on mobiles, computers, TV * *Financial Express Feb 01, 2008 INDIA in 2050 India will be the 3rd Largest economy…… .…..with the Fastest rate of Growth Above: Goldman Sachs Later Revised the Forecast: India to cross US economy before 2050 to become 2nd Largest Source: Goldman Sachs: BRICs Report Demographic Advantage Youngest Population in the World: More than half of India’s population is below 25 yrs age Over the next 5 years, India alone will account for more than 1/4th of the increase in world’s workforce Least Old-Age Dependency rate in Asia Implications: Strong Consumption pattern to continue Long term and Stable Growth Availability of Skilled Labor Force Assured over Long Term High Consumption Economy: Private Consumption in 2005 at US$ 372 BN More than 60% of GDP (China: 39%, Japan: 57%) At current growth rates, household incomes in India to triple in 20 years India will become world’s 5th largest consumer economy by 2025* *Mckinsey Large, Skilled Labor Market Over 6 million graduates added every year Most of them Englis