India Brand Equity Foundation

CXXXIII

 January 22, 2007
 

"India is on the world radar as never before, thanks to the current robust economic growth. No investor wants surprises, but (they want) improvements. And that is what we promise to deliver," Commerce and Industry Minister Kamal Nath assured about 750 business delegates from 26 countries participating in the three-day CII partnership summit in Bangalore last week.

Dynamism in emerging markets, mainly India, has driven the global business confidence to a five-year-high, a survey by the Economist Intelligence Unit (EIU) said. One of the key findings of the survey shows that India is more upbeat than China.

Meanwhile, Fortune Magazine named India's Sunil Mittal as Asia's Businessman of the Year, calling him a "Wireless Wonder", who built a mobile-phone empire by turning outsourcing on its head. Now the founder and CEO of India's leading mobile company, Bharti Airtel, is plotting a retail revolution with a new partner - Wal-Mart.

Read on to know more.

Jayant Bhuyan
CEO, India Brand Equity Foundation &
Deputy Director General, Confederation of Indian Industry
 
 
  POLICY WATCH
US$ 10 billion SPV planned out of forex kitty
The Ministry of Finance is considering a proposal to use part of India's US$ 177-billion forex reserves for infrastructure projects. [More]


  PEOPLE
'Sunil Mittal Asia's Businessman of Year'
India's Sunil Mittal has been adjudged Asia's Businessman of the Year by US magazine Fortune for steering his telecom business in the world's fastest growing wireless market. [More]

Aishwarya Rai among WEF's Global Young Leaders
Hindi film actress Aishwarya Rai and MPs Omar Abdullah, Jyotiraditya Scindia and Naveen Jindal are among 25 Indians who figure in this year's list of 250 Global Young Leaders by the Geneva-based World Economic Forum. [More]


  Events


First India-Latin America & Caribbean Conclave
Pragati Maidan, New Delhi 13 February, 2007 - 15 February, 2007



IETF 2007
Pragati Maidan, New Delhi 13 February, 2007 - 16 February, 2007

For more information on
these events Click Here. 



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  ECONOMY AND ENTERPRISE
India drives global business confidence to 5-year high
Dynamism in emerging markets, mainly India, has driven the global business confidence to a five-year-high, a survey by the Economist Intelligence Unit (EIU) says. [More]

India on world radar for investments: Kamal Nath
India's robust economic growth has put the country on the world radar for attracting investments from global investors, Commerce and Industry Minister Kamal Nath has said. [More]

India emerges fourth-biggest M&A target
India has emerged as the fourth largest target for information technology deals with mergers and acquisitions worth US$ 3.5 billion in 2006. [More]

Buoyant numbers do the talking for India Inc in Q3
India Inc's Q3 sales have shown an increase of 39 per cent and profits are up 68 per cent compared to the same period in the previous year. [More]

NCAER raises GDP forecast to 8.44 per cent
The National Council of Applied Economic Research has revised its forecast for the country's gross domestic product growth for 2006-07 to 8.44 per cent, from the 8.13 per cent that it had forecast in October last year. [More]

US$ 60 billion IT exports by '10 in sight
The ebullient results of software firms in the last quarter have triggered a buzz that the target of US$ 60 billion worth of exports by 2009-10 is well within reach. [More]

Online travel booking all set to go places
The US$ 460 million Indian online-travel industry is slated to become a US$ 1-billion industry by the end of this year and US$ 2 billion by the end of 2008, say industry sources. [More]

Advertising grows at a 10-year high of 23 per cent
The advertising industry in India has posted growth of 23.4 per cent in 2006, according to data released by advertising and media monitoring agency TAM Media Research. [More]
    SPECIAL
From midget to giant
In the manner in which the Special Economic Zones have been planned, it looks almost certain to catapult India to the big league of global manufacturing giants.
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QUOTE OF THE WEEK

 

 

This (Indian telecom sector) is growing phenomenally and I do not see an end to it.

Mats Granryd
Managing Director
Ericsson India

 

  

 
    FACT OF THE WEEK
Telephone subscribers in India reached 189.93 million as on December 2006. [More]
 
    SUSTAINABLE DEVELOPMENT
US holds out balm for old Indian remedies
In a significant step, the US has agreed to respect India's rich traditional knowledge, while subjecting patent applications to the litmus test of innovation before granting them market exclusivity. [More]




 
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