India’s Market Attractiveness
Submitted by Bill Belew on Wednesday, 19 July 2006No Comment
I attended a recent Investment in China and India Summit hosted by Financial Research Associates I will use this forum to share some of the slide/insights that were given at this summit for the benefit of those hoping/thinking/planning on investing in an Asian country – China, India or Japan.
Here are some figures that make India’s Market attractive:
India ranks # 3 in the 2004 AT Kearny FDI Confidence Survey (after China and the US)
300 million people is the size of India’s middle class.
6 is the number of Indian firms in Businessweek’s Top 100 Info-tech firms
$1 billion in revenue is what Cisco expects to earn in India in 2007 (up from $300 million in 2004)
2 million NEW movile phone connections are made per month.
Source: Probitas
I find your blog informative and helpful. Its great to have blogs like yours that are focused on Asia and taking a look at what the future might look like. Thanks for taking the time to update us about what is happening at the Financial Research Associates conference.
When it comes to 2025, where do the futurist put U.S. and China as far as numbers, and what about 2050?
Just curious.
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