Saturday, November 24, 2007

india4u


India`s 30 blue-chips cpmpanies, part of stock market benchmark sensex
may be minnows compared to their US counterparts, but they have
created nearly three times more wealth for their investors this year
so far compared to the American giants.Those listed in the US have together added $84.48 billion to their
investors` kitty in this period, while the same figure for the Indian
market stands at a whopping $219 billion.In India, 11 sensex companies have recorded a market
capatilisation dip against 10 in the US.
Best Wishes,

india4u


Hi
I am your friend in Mumbai-India. I wish to share India information with you.
As per McKindey report, Indian Middle Class will grow to 538 million by 2025. Each Indianwill be spending more than us $ 5 per day [INR 200], There is goingto be ten times increase in middle class population, and three-foldjump in household income during this period. According to this studythe aggregate consumer spending could be more than quadruple toINR. 70 trillion by 2025 from about 17 trillion in 2005.
The consumer populating in the age group of 15-64 which is expectedto rise to 950 million by 2025, the spending per consumer would riseto about INR. 74,310 a year.
In 2005, private spending of INR. 17 trillion accounted for 62% of India’sGDP, which is closer to US (70%), and Japan (56%), than to China(37%), and other emerging markets in Asia.
This is just for your information. Your view, suggestions, or commentsare most welcome. Kindly contact:
Your views, suggestions, or comments are most welcome.
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