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INDIA DESTINATION
  • India has been ranked the second most attractive global destination according to the World Investment Report 2005 released by UNCTAD.

  • According to a global survey of business confidence conducted by the accounting firm Grant Thornton among mid sized companies, India was ranked number one.

  • Over the next 10-15 years, 65% of India's population will be in the working age group, which translates into 882 million by the year 2020. Amongst the developed countries the trend would be the opposite. The urban population is expected to rise to 40% from the current 28% by the year 2020. As a result of which it becomes imperative to have a presence in India to sustain growth.

  • India is the fourth largest economy in terms of purchasing power parity (PPP). The size of the Indian economy (at PPP) will be equivalent to 40% of the US economy and 3 times that of the German economy by 2020.

  • Not only will the market be larger, it would also be much richer. In the year 2020 the GDP per capita (at PPP) would be almost USD 5000 as compared to USD 2300 in 2002.

  • India has better protection of Intellectual Property Rights, a well-structured banking & financial system, a strong judiciary and a qualified work force with English language skills.

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