Wednesday, January 21, 2009

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
  • 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
  • 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 telecom industry is expected to reach a size of US$ 87.33 billion by 2012, with a growth rate of over 26 per cent
  • 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 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
  • Indian consumer spending could more than quadruple to US$ 1.77 trillion by 2025 - from about US$ 431.69 billion in 2005 - steered by a ten-fold jump in its middle-class population and a three-fold rise in household income, according to a McKinsey study

 

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