GATEWAY TO SOUTH ASIA
Some of Our Success Stories
India’s Economy Highlights 2011-12
- Indian economy expected to grow at 8.2%
- Current Account deficit is $44.3 billion (2.6% of GDP) and projected at $54.0 billion (2.7% of GDP).
- Domestic savings rate as ratio of GDP projected at 34.0%.
- Investment rate projected to grow at 36.7%.
- Services grew at 9.4% in 2009-10. Projected to grow at 10.0%.
- FDI inflows projected at $35 billion.
- Industry expected to grow at 7.1% .
- Agriculture grew at 6.6% and is projected to grow at 3.0% in 2011-12.
- Inflation rate projected at 6.5 % in March 2012.
India’s economic outlook
India has become one of the fastest growing markets in the world with a GDP growth rate between 7% to 8% and a population of more than 1 Billion people. The Indian economy is, according to the Goldman Sachs study on emerging markets, expected to be the third largest economy in the world by 2040 and is currently the worlds fourth largets economy in the world (PPP Basis).
Innovative strength and domestic market
The Indian economy’s main driver of growth has been a combination of its skilled and English speaking people, the proven capability to innovate and strong offering of research services, leading to innovation and steady expansion of its domestic market opportunities. Where some economies in the world are currently export driven (for example China), India’s growth is driven by its successful businesses and the fast growing middle class consumer.
Inbound: foreign companies partner with India
India offers many business opportunities, but doing business in India is challenging at the same time. The country is, according to the World bank, currently ranked #133 in Ease of Doing Business.
Any new, foreign, company or client would need to spend time on the ground in India or work with a local consultant or representative in order to explore market patterns and find partners for growth.
Outbound: Indian companies move abroad
India’s companies are expanding their interests overseas and represent a growing source of investment and strategic partnerships for foreign companies.


