Vigyan Bhavan Annexe, Maulana Azad Road, New Delhi 110011
Overview
Location ID: HZHZ06
3
GDP $
2
Population
1
GDP Per Capita
1560
Sq Ft
2016
Year Built 1
Video
Description
Reasons to invest
1.One of the world’s fastest-growing economies
For the first time, India has crossed the $70 Bn mark in FY 2019-20 and recorded total FDI inflow of $73.45 Bn.
Hon’ble PM Shri Narendra Modi announced a special economic and comprehensive package of more than $270 Bn – equivalent to 10% of India’s GDP, under the Atmanirbhar Bharat Abhiyan (Self-reliant India).
Source: Prime Minister’s Office, Ministry of Finance
India to remain one of the fastest-growing economies in the world. IMF projects a growth of 8.8% for India in 2021
2.Largest youth population in the world
The population of India is expected to rise from 121.1 cr to 152.2 cr during 2011-36 an increase of 25.7% in twenty five years.With the largest ever adolescent and youth population. It will continue to have one of the youngest populations in the world till 2030.
3.Indian infrastructure story
Hon’ble Finance Minister Smt Nirmala Sitharaman announced the National Infrastructure Pipeline first-of-its-kind initiative to provide world-class infrastructure across the country.
The NIP will attract investments into infrastructure and will be crucial for attaining the target of becoming a $5 Tn economy by FY 2025.
Nearly 7,000 projects across different sectors costing above INR 100 Crore per project and totaling INR 111 Lakh Crore have been identified
Sectors such as Energy (24%), Roads (18%), Urban (17%) and Railways (12%) amount to around 71% of the projected infrastructure investments in India.
Source: Department of Economic Affairs, Ministry of Finance and India Investment Grid
By 2030, it is estimated that around 42% of India’s population would be urbanised from 31% in 2011.
4.Rising global competitiveness
India jumps 79 positions from 142nd (2014) to 63rd (2019) in ‘World Bank’s Ease of Doing Business Ranking 2020’. Source: World Bank
India ranks 68th on the Global Competitiveness Index 2018-19.
Source: World Economic Forum
95% of 1.2 billion Indians are covered under Aadhar Scheme, one of the world’s largest social security program.
Source: Press Information Bureau, Government of India
Pradhan Mantri Jan Dhan Yojana, a formalization of savings scheme under which 312 mn bank accounts have been opened with savings amounting to $11.6 bn.
Source: Ministry of Finance, Government of India
Goods and Services Tax (GST), the biggest tax reforms since independence, paves way for a common national market by integrating various indirect taxes.
5.Global Innovation Index 2020
India jumps 4 positions and ranks 48th in the Global Innovation Index 2020 rankings
Source: World Intellectual Property Organization
India ranks #1 in the Central & Southern Asia Region
Source: World Intellectual Property Organization
India ranks 3rd amongst the Lower Middle-Income Economy Group
6.Rising economic influence
Centre of global maritime trade to move from the Pacific to the Indian Ocean Region. India and China will be the largest manufacturing hubs of the world by 2030.
Source: Lloyd’s Register Marine & University of Strathclyde, Glasgow
Connectivity to Central Asia and Europe via the International North-South Transport Corridor (INSTC).
Source: Press Information Bureau, Government of India
In the next five years, India to have greater economic influence across the Asia-Pacific Region.
Source: Baker McKenzie & Mergermarket Group
7.Schemes for MSMEs
Under the Chairmanship of Hon’ble Prime Minister Shri Narendra Modi, the Ministry of Micro, Small and Medium Enterprises (MSME) implements various programmes/ MSME schemes for the development and promotion of MSMEs across the country.
The growing presence of global automobile Original Equipment Manufacturers (OEMs) in the Indian manufacturing landscape has significantly increased the localization of their components in the country.
The rapidly growing auto market in India is expected to reach $ 300 bn by 2026
Automotive aftermarket segment in India is expected to reach $ 32 bn by 2026
Auto Components industry exports to grow 5X in next 10 years
Description:
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Second Floor
Size:
1345 Sqft
543 Sqft
238 Sqft
Price 1:
$1,600
Description:
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