Why India ?

Dear  Chamber  President ,

As a business destination , why is India important to your Member Firms  ?

Following recent news are an indicator  :

• FOREIGN DIRECT INVESTMENT

-       proposals approved by Government of India , in June 2014 :

     #   Magneti Marelli ( 50:50 Joint Venture ) for Shock Absorbers

     #   Lladro ( Italy :  Luxury Porcelain Figurines )

     #   Bulgari ( Italy : Jewelry / Luxury brands  )

     #   Stephano  Ricci  ( Italy :  Luxury Life Style for men )

     #   Walt Disney (USA : Equity of $ 185 Million in UTV Software )

     #   Canada Pension Plan Investment Board { CPPIB } to invest

 #   Nivea (Germany) Investment of $ 160 Million to                      

      Manufacture Cosmetics in 70000 sq. mtr. factory

           $ 335 million in L& T Infrastructure Development Ltd

• REPORTS

      #   Boston Consulting Group ( 14^th Annual Report )

    India has 175,000 millionaire households in 2013 ,

ranking 15^th in the World – and projected to become

the 7^th wealthiest nation by 2018

         

    Total Private Wealth in India was $ 2.2 TRILLION in

2013-14 , which will rise to $ 5 TRILLION in 2018

           #    CISCO ( Networking Solutions  )

                  In India , there will be 526 MILLION total internet users

                  by  2018 , up from 213 MILLION in 2013

           #     Credit Suisse ( 4^th Annual Report )

       * Total wealth in India is $ 3.6 TRILLION

       *  Number of “ Dollar Millionaires “ in India is 302,000

       *  “ Wealth per Adult “ in India is expected to grow at

           9.3 % Compounded Annual Rate

#    World Bank

       Country Director for India , Onno Ruhl says ,

       “  We have concluded IDA-17 negotiations. India has got

       a transition support of $ 3.5 Billion

   

        India’s single borrower limit has gone up to $ 20.5

        Billion , after the increase

        We are working in Solar Energy and I think , India is

        Well positioned to become a global powerhouse in solar”

•     EQUITY MARKET

     

      Market Cap of India’s publicly listed companies crossed

      $ 1.52 TRILLION , in June 2014

•     INDIRECT  TAX  COLLECTION

      Collection went up to $ 5 TRILLION in 2013-14

•     LABOR  FORCE  and  WAGES

      As per National Sample Survey of India ,

Ø  40 % of India’s population ( 496 Million ) constitutes

Labor force

Ø  Of these 496 million , 51 % ( 253 Million ) are Self-

Employed

Ø  Average Wage / Salary in urban areas is Rs 365 ( $ 6 )

per day ( not per hour ! )

How can your Member Firms participate in India’s growth  ?

By forming Joint Ventures /  Technical Collaborations /  Dealer Agreements , with 2,27,000 + Indian Companies listed in  ,

www.B2BmessageBlaster.com

How can your Chamber facilitate this “ Dialogue “ between your Member Firms and Indian Companies  ?

Simply by forwarding this email to your Members  !

With regards ,

Hemen   Parekh

( click to view my profile )

hcp@RecruitGuru.com