India Facts & Figures |
 |
It doesn’t take much for one to access India’s growth figures from different public portals of information. However, we wish to make the task easier for you with a snapshot of India’s market potential. |
 |
With a GDP growth of 9.4% in the year 2006-07, India posted the fastest growth rate in 18 years.
|
 |
The untapped Indian rural market with 720 million people (35 times the population of Australia) is growing at 25% per annum.
|
 |
The Food sector grew by 43% in the year 2006-07.
|
 |
The personal care sector grew by 22% during the same period |
 |
The per-capita income of the country has doubled in the last 4 years. |
 |
There has been a 10 fold increase in the middle-class population of India. This makes the Indian middle class, independently one of the largest markets in the world.
|
 |
India is projected to leapfrog from being the 12th largest consumer market in the world in the year 2005 to become the 5th largest by 2010.
|
 |
The Indian consumer market is set to treble in the next 7 years.
|
 |
The wellness market is set to grow to US$ 25 billion by the year 2015. (From 6.3 billion in 2005)
|
 |
India topped the Kearney’s Annual Global Retail Development Index for the 3rd consecutive year in 2007. |