Dear Members & Friends,

Please find below some Quick Facts about India. (Part 3)

Market Quick Facts:

* The National Stock Exchange has become the world's second fastest-growing bourse in terms of number of listed companies, while the Bombay Stock Exchange is the biggest bourse.

* India'US$ 35.17 billion rural retail market is expected to cross US$ 45.22 billion by 2010 and US$ 60.29 billion by 2015, as per a Confederation of Indian Industry - Yes Bank study.

* The size of the luxury market in India is estimated at around US$ 3.5 billion, and could easily leapfrog to US$ 30 billion by 2015.

* As many as nine Indian banks, led by HDFC Bank and ICICI Bank, have made it to the list of top 50 Asian Banks, as per this year's Asian Banker 300 report.

* India's e-commerce market is expected to touch US$ 2.33 billion by FY2007-08, as per a survey by the Internet and Mobile Association of India and Indian Market Research Bureau.

* Air passengers are projected to total 2.75 billion by 2011 - an increase of 620 million against that recorded in 2006 - according to International Air Transport Association.

* 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.

* India has recorded a 126 per cent jump in the amount spent on merger & acquisition (M&A) deals outside the Asia-Pacific region.

* India's manufacturing activity in October 2007 expanded at its fastest pace in the 31-month history of the ABN AMRO Bank Purchasing Managers' Index survey.

* India's internet user base grew by over 40 per cent to touch 46 million in September 2007 from 32.2 million in the same month last year.

* GSM mobile subscriber base grew 62 per cent in 2007, from 105.4 million in December 2006 to 171.8 million at the end of December 2007.

* The Indian product engineering offshoring market is expected to witness a 23 per cent CAGR by 2012, as large captive centres of global corporations continue to expand their activities.

* The University of Oxford offers a new degree - MSc in Contemporary India - in response to the growing interest about India and its economy.


Part 4 of India - An opportunity unlimited will be published soon.


Thank you and best regards.


“TOGETHER WE ACHIEVE EXCELLENCE”

Yours in MAICCI,