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• India: The bird of Gold / Bharat: Ek Sone ki Chidia

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  Neena Hartmann    Premium Member   Group moderator

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  India: The bird of Gold / Bharat: Ek Sone ki Chidia

  A recent Study by the McKinsey Global Institute (MGI), says India is on course to become the fifth largest market by 2025 if it sustains and accelerates economic growth.
  It predicts that from the current 12th rank, India’s market will be the world’s fifth largest, surpassing Germany. By then, the Indian middle class will have grown almost 12 times, from 50 million today to 583 million. Over 23 million Indians—more than the population of Australia today—will number among the country’s wealthiest citizens. At the same time, overall economic growth will benefit India’s poorest people, with the deprived segment dropping from 54 per cent of the population in 2005 to 22 per cent by 2025.
  Titled “The ‘Bird of Gold’: The rise of India’s consumer market”, the study, conducted over a year, says, “The combination of rapidly rising household incomes and a robustly growing population will lead to a striking increase in overall consumer spending.”
  To address the challenges and opportunities in India, World Malyalee Council, is organizing a Global India Business Summit, from 5-8 July 2007, at Akademy Walberberg, Wingert 6, 53332 Bornheim, Germany
  This three day Meet intends to establish
  • Personal and Professional contacts
  • Promote business and Investments in Germany and India
  • Intercultural understanding
  
  Please click here for Registration
  
  http://www.indienaktuell.de/gibs.0.html
  
  • 30 May 2007, 2:57 pm
  Neena Hartmann wrote: > A recent Study by the McKinsey Global Institute (MGI), says India is > on course to become the fifth largest market by 2025 if it sustains > and accelerates economic growth. > It predicts that from the current 12th rank, India’s market will be > the world’s fifth largest, surpassing Germany. By then, the Indian > middle class will have grown almost 12 times, from 50 million today > to 583 million. Over 23 million Indians—more than the population of > Australia today—will number among the country’s wealthiest citizens. > At the same time, overall economic growth will benefit India’s > poorest people, with the deprived segment dropping from 54 per cent > of the population in 2005 to 22 per cent by 2025. > Titled “The ‘Bird of Gold’: The rise of India’s consumer market”, the > study, conducted over a year, says, “The combination of rapidly > rising household incomes and a robustly growing population will lead > to a striking increase in overall consumer spending.” > To address the challenges and opportunities in India, World Malyalee > Council, is organizing a Global India Business Summit, from 5-8 July > 2007, at Akademy Walberberg, Wingert 6, 53332 Bornheim, Germany > This three day Meet intends to establish > • Personal and Professional contacts > • Promote business and Investments in Germany and India > • Intercultural understanding > > Please click here for Registration > > http://www.indienaktuell.de/gibs.0.html