Monday, August 4, 2008

India quick facts

India has the fourth largest billionaire population in the world, according to the Forbes list of world billionaires.

India's financial capital Mumbai ranks as the seventh largest city, in terms of billionaire population, according to Forbes.

Five Indian companies have made it to the Top 10 global outsourcing leaders list, compiled by International Association of Outsourcing Professionals.

Mobile phone production in India will grow at a rate of 28.3 per cent - from 31 million units in 2006 to 107 million in 2011

India's market for business intelligence (BI) platforms grew by 35.6 per cent in 2005-06, making it Asia's fastest growing BI geography, says Gartner.

Indian cement industry is poised to add 111 million tonnes (MT) of annual capacity by the end of 2009-10 (FY10), riding on the back of an estimated 141 outstanding cement projects.

India's steel production, growing at 15 per cent in the first half of 2007, is expected to touch 124 MT by 2011-12, going beyond an earlier official estimate of 80 MT.

India's fast moving consumer goods (FMCG) industry has seen the launch of 251 new products up to October CY07, against 191 in the same period last year. 

 India's telecom industry is expected to reach a size of US$ 87.33 billion by 2012, with a growth rate of over 26 per cent.

 The Indian biotechnology industry is growing 37 per cent annually, and is expected to become a US$ 5 billion industry by 2010.

 India remains the undisputed leader in offshore services, accounting for about 65-70 per cent of the global offshoring pie, according to a recent research from Gartner Inc.

 The Indian animation industry is expected to touch US$ 950 million by 2009, as global players like Walt Disney, Imax, and Warner Bros tie up with Indian animation companies. 

 With 27 per cent growth in 2007, India's IT-enabled services (ITeS) sector is set to cross the US$ 25.43 billion mark in 2008, says IT research company IDC (India).

 According to Nasscom, India's gaming segment touched US$ 48.26 million in 2006, is likely to cross US$ 427.35 million by 2010.

 The Indian healthcare IT market is the fastest growing in Asia - with an expected growth rate of 22 per cent - says a Springboard Research report.

 India's food and beverages sector, growing at 9 per cent, is expected to touch US$ 117.25 billion by the year-end.

 India's foundry industry, the world's fifth largest producer of castings, is on a growth curve with an estimated potential to produce 10 million tonnes by 2012.

 India is rapidly emerging as one of the world's media powerhouses. With 54 per cent of its 1.1 billion people aged under 25, it is potentially one of the world's largest markets for TV.

 India's food service entrepreneurs are executing massive expansion plans, with the industry expected to grow 48 per cent - to US$ 667.49 million - in the next two years.

 India's life insurance sector is expected to grow by around 30 per cent, to over US$ 50 billion, in this financial year.

 India has overtaken the US to become the second largest cotton producing country in the world, as per the International Service for the Acquisition of Agri-biotech Application

 Times lists the Tata Nano along with legendary cars - like Ford Model T and Volkswagen Beetle - in 'The dozen most important cars of all time starting from 1908 to the present'. 

 According to a PriceWaterhouseCoopers report, India could grow to almost 90 per cent of the size of the US economy by 2050.

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