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India Brand Equity Foundation


September 07, 2009

India's private domestic consumption as share of gross domestic product (GDP) has been the highest among the major economies of the Asia-Pacific region at 57 per cent in 2008, according to an analysis by the McKinsey Global Institute (MGI).

India—Asia's third-largest economy—is increasingly being viewed as a key contributor to a resurgent Asia by way of its contribution to overall demand. Significantly, Moody's, a leading credit agency, has said that driven by renewed growth in India and China, the world economy is beginning to recover from the one of the worst economic downturns in decades.

In the Special, we focus on the investment opportunities in the healthcare industry, especially in the medical tourism and services segments.

Aparna Dutt Sharma
India Brand Equity Foundation

Nod for village electrification programme
The Cabinet Committee on Infrastructure (CCI) has given its nod for the continuation of the Remote Village Electrification Programme of the Ministry of New and Renewable Energy during the remaining period of the Eleventh Plan.

State approves projects worth Rs 16,312 cr
The State Level Single Window Clearance Authority (SLSWCA) has approved seven projects worth Rs 16,312 crore (US$ 3.33 billion) in sectors such as aluminium, energy and metal in a meeting in Orissa on August 26, 2009.

Diamond bourses for trading hub
The government will establish diamond bourses to enable the country to become an international trading hub. The initiative is a part of the foreign trade policy (FTP) announced by Union Minister of Commerce and Industry, Mr Anand Sharma, on August 27, 2009.

G Madhavan Nair becomes first non-American president to head IAA
G Madhavan Nair, chairperson, Indian Space Research Organisation (ISRO), has been elected as the next president of the International Academy of Astronautics (IAA), and will be the first non-American to head the organisation fifty years after it was set up.

SE Asia's top bank, DBS group gets Indian as CEO
DBS Group, South-East Asia's largest bank, has appointed Piyush Gupta as its new chief executive officer. This is the first time that a South-East Asian bank has appointed an Indian to head its operations.

Indian educationist to be honoured by CEE
Dr Y G Parthasarthy, a noted Indian educationist, has been selected for the Achievement Medal for Leadership and Commitment to Excellence in Education by the Virginia-based Centre for Excellence in Education (CEE).

IBEF Newsletter

Domestic consumption holds the key to India's turnaround
Among the major economies in the Asia-Pacific region, India's private domestic consumption as share of gross domestic product (GDP) was the highest at 57 per cent in 2008, according to an analysis by the McKinsey Global Institute (MGI).

India, China growth driving global economic revival
Moody's, a leading credit agency, has said that renewed growth in India and China is driving the world economy's revival from the one of the worst economic downturns in decades.

Government working to raise income generation: FM
Addressing a gathering of CEOs at 'Mission 2010: The Reform Roadmap', an event organised by ET Now on August 25, 2009, Union Finance Minister, Mr Pranab Mukherjee, said that the government is working to raise income generation and attract investment to India.

Chawla predicts economic growth of over 6.5% this fiscal
Referring to the 6.1 per cent growth logged by the economy in April-June 2009 as compared to 5.8 per cent in the previous quarter, Mr Ashok Chawla, Finance Secretary, further predicted a growth of above 6.5 per cent in the fiscal year ending March 2010, owing to strength in manufacturing and services.

Industrial output grows 7 per cent in July 2009
Union Minister of Commerce and Industry, Mr Anand Sharma, while announcing the new foreign trade policy (FTP) on August 27, 2009, said that industrial output, as measured by the Index of Industrial Production (IIP), grew 7 per cent in July 2009, the same as in July 2008.

August auto sales zoom on launches
Major automobile manufacturers such as Maruti Suzuki, Hyundai and Mahindra & Mahindra have witnessed a high double-digit jump in sales in August 2009. Two-wheeler manufacturers, led by Hero Honda Motors, also continued to grow in double-digits in the said period.

India to set up trade centres in LatAm
The Ministry of Commerce and Industry has proposed to open four to five trade centres in Latin American countries on a permanent basis to create awareness among investors about Indian products and capabilities, apart from promoting bilateral relations.

Wipro Consumer Care eyes Africa for growth
Wipro Consumer Care and Lighting (WCCL), which forayed into the international personal care market by acquiring Singapore-headquartered Unza Holdings, is planning to target east and west African countries to increase Unza's base this fiscal.

Bhushan Steel buys Aussie exploration firm
Bhushan Steel (Australia), part of the Delhi-based Bhushan Steel group, has acquired 60 per cent stake in Australian exploration company, Bowen Energy.

  SPECIAL - Healthcare

The Indian healthcare industry is expected to provide huge investment opportunities with the medical tourism and services segments witnessing growth in the recent past. Significantly, companies such as Fortis Healthcare, Apollo Hospitals Group and Metropolis Health Services are in an expansion mode to capture a pie of this growing sector.




"Given the rapid development of India's economy and infrastructure, this is exactly the right time to bring the world's greatest motorcycle to one of the world's largest motorcycling nations."

Matthew Levatich
President and COO
Harley-Davidson Motor Company


Gujarat-based Gadhia Solar Energy Systems Pvt Ltd has developed the world's first and largest solar air conditioning (AC) system. The 100 tonne solar AC has been installed at the Muni Ashram in the Goraj area of Vadodara district.

India to spend over Rs 1 lakh crore on renewable power by 2012
India is expected to spend over Rs 1 lakh crore (US$ 20.48 billion) on the setting up of power plants based on renewable energy sources by the end of 2011-12, according to Devasis Majumdar, chairman and managing director of Indian Renewable Energy Development Agency (IREDA).

India's greenhouse gas emission to be low till 2031: Report
India's per capita emission of Greenhouse Gases (GHG) will continue to be low until 2030-31, and it is estimated that the per capita emission in 2031 will be lower than per capita global emission of GHG in 2005, according to a study released by Mr Montek Singh Ahluwalia, Deputy Chairman, Planning Commission.

Solkar, Exnora to provide million solar lamps for the poor
Solkar Solar Industry Ltd and Exnora International will jointly launch a programme to enable donation of one million solar powered lamps in the country. In addition, the project has the potential to drive growth of energy entrepreneurs in rural areas.

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