India Brand Equity Foundation

XCVIII

 October 10, 2005


A promising market for years, India has now moved beyond the promising tag. What was a promise earlier, has now turned into reality.

India is the fastest-growing market in cell phones, automobiles, travel and tourism, DVDs, digicams and laptops, among other things. In cell phones, India is growing at a whopping 60 per cent. In automobiles, India logged the fastest growth among the top 15 passenger car-producing countries last year. Indians are spending more on luxury items than ever before, especially high-end consumer durables. Our special this week focuses on a Fortune 500 company, Electrolux, which makes consumer durables in India.

What's more, growth in the Indian economy is no longer led by only the IT and ITeS sectors. The traditional brick-and-mortar industry has made a comeback. A boom in the infrastructure and construction sectors is now pushing interest in civil engineering -- once a sought-after stream -- among young people as the demand for civil engineers is growing on an average of 40-50 per cent per year.


Read on to know more.

Warm Regards,

Ajay Khanna
CEO, India Brand Equity Foundation &
Dy. Director General, Confederation of Indian Industry
 
 
  POLICY WATCH
PM panel clears infrastructure SPV
The Prime Minister's taskforce on infrastructure has finalised the guidelines for the special purpose vehicle (SPV) to fund infrastructure projects announced in this year's Budget. [More]


  PEOPLE
Indian-American entrepreneur wins New Jersey Business Person 2005 award
Indian-American entrepreneur Tribhuvan Singh has been named the New Jersey Small Business Person of the Year 2005 by the US Small Business Administration (SBA). [More]


  Events


India Economic Summit 2005
Taj Palace, New Delhi
27th November, 2005 - 29th November, 2005

For more information on
these events Click Here. 



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  ECONOMY AND ENTERPRISE
It's official now: India is the global market leader
India is the fastest-growing market in cell phones, automobiles, travel and tourism, DVDs, digicams and laptops, among other things. [More]

Core sector, realty boom get youth to take up civil engineering
The prevailing boom in the infrastructure and construction sectors has brought the glimmer back into civil engineering, with the demand for civil engineers growing on an average of 40-50 per cent per year. [More]

Infosys, Wipro in Forbes list
Software giants Infosys Technologies and Wipro along with ICICI Bank are the three Indian companies that figure in the list of 50 fabulous Asian firms compiled by Forbes magazine. [More]

Indian exports make their mark in global markets
India manufacturing has indeed arrived on the global market with its growing competitiveness with manufacturing exports having risen from US$ 6 billion in FY2000 to more than US$ 22 billion in FY2005. [More]

Three public sector banks among world's top 25
Three of India's state-owned banks have figured among the top 25 global banks in terms of return on capital employed (RoCE) as on July 31, 2005, according to the latest Banker magazine. [More]

Car firms drive full throttle in September
Major passenger car manufacturers today have reported double-digit sales growth for the second consecutive month with car market leader Maruti Udyog having sold 46,393 units in the domestic market in September 2005. [More]

Two-wheelers notch up record sales in September
Two-wheeler majors, Hero Honda, Bajaj Auto (BAL) and TVS Motors, which together constitute over 86 per cent of the domestic two-wheeler market, recorded their highest ever monthly motorcycle sales in September 2005. [More]

Indian consumer goods market more consolidated than China's
A comparison of the market shares of the top three players across various product categories shows that the combined market share of the leading Indian consumer product companies is more than their Chinese counterparts.[More]

IT sector driving premium travel gear market
IT sector is driving the premium travel gear products' segment that comprises of portfolio bags, laptop cases, bag packs and cabin-size trolleys. Travel gear products' premium segment is valued over US$ 22 million in India. [More]
    SPECIAL
Electrolux: A Fortune 500 company in India
With revenues of over US$ 47 million Electrolux India is a subsidiary of the Electrolux Group. Electrolux currently has three state-of-the-art manufacturing facilities in India located at Shahjahanpur (Rajasthan) and Warora (Maharashtra) producing refrigerators and Butibori (Maharashtra) producing washing machines.
[Click here to download]
 
 
  QUOTE OF THE WEEK

 

 

"India, which is known for its globally recognised IT resources, can contribute substantially towards the success of our future projects."
Shaikh Ahmed bin Ateyatallah al Khalifa
Minister of State for Cabinet Affairs
Bahrain

 

  

 
    FACT OF THE WEEK
Frost & Sullivan (F&S), the leading international growth consulting company, has rated India as the choice of partner for the rest of the world for pharmaceutical collaborations.
[More]
 
    SUSTAINABLE DEVELOPMENT
Milk Defeats Liquor in Gajipur
Gajipur has amply proved that women's empowerment is not the monopoly of urban centres. And, this metamorphosis did not take place overnight. [More]
Courtesy: Charkha Features




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